Originally Posted by
Al Czervik
Current.
Current debt:
AA 38b
UAL 33b
DL 25b
It will be interesting to see UAL/DL debt when fleet replacements are complete. AA dug itself into a debt hole right before the pandemic (which may or may not turn out to be a good move).
AA’s main focus is deleveraging. They need DL efficiencies. No one at AA is comfortable making less money that DL with a larger operation. AA does a lot of things wrong but I think we may be in a good position moving forward.
You haven't actually read any of the SEC filings or transcripts, have you?
Btw, Isom is saying their main focus is the regionals going forward.
"And so our fleet is -- our regional aircraft is roughly 600 aircraft. Love to get those back up.And over time, there will be changes in terms of mix to that fleet, but it will be based on how effective it supports our hubs and the rest of the mainline operation, too. So first goal and one that I think will take the next couple of years for sure is to get to all 600 back up and flying."
If you read the whole transcript, there are multiple comments on how the regional feed is their priority right now.
"And a major part of that is the regional jet. In this last quarter, we flew 20% -- we had 20% more O&Ds than what our next largest network competitor did. And in those markets, we are seeing yields that are 25% greater than what happened to the rest of the system. Indeed, that's what's really driving the yield growth that's there."
" That said, there is a uniqueness about American Airlines network that allows us to use on our regional network and our regional pilots in a fashion that produces outsized yield. That's what will differentiate us."
"Yes. I'll just add to it very simply, Duane, in an industry that has struggled for a long time to be able to pass its cost into revenue, at least for us, what we've seen time and time again with the regionals is anytime there has been a cost increase, that is the one part of the business where we can most consistently pass it through to revenues. And we do it because of what it does. It creates a unique product for customers that increasingly nobody else but American Airlines can go and do.
And when you look through our system, right, there's many of those markets that you simply couldn't upgauge. And even if you did upgauge it, flying to large cities, Birmingham, Alabama, Wilmington, North Carolina, once a day of a 737 doesn't really create a lot of utility for some of those really big metro areas in the U.S. So for us, this is actually a place where by doing it, and frankly, by doing it through our wholly owned regional jets, which themselves are very massive airlines, it creates a lot of unique value for our customers, which turns into revenue for us."
Looking forward to your next ad hominem, because that's all you can do.
Maybe they will staple AA to the WO's, that's what your management wants.