Name User

I'm trying to do public math. But hear me out. I'm trying to figure AA's bare bones no flight ops monthly cost. Why? Because I don't think we are going to get a cash infusion (grant).

~200 WB @ $1m per month = $200m
~800 NB @ $250k per month = $200m
~600 RJs @ $100k per month = $60m
Total AC leases $460m per month

Keep CP's and fleet managers/Supv on staff only, ~$20m per month (guess)

No FAs, rampers, agents, DX, and furlough 50% mtc folks but 30% of corporate = $75m

Gate leases and airport space = ?? Maybe $100m/month

Debt payments $100m/month

Round up to $1.0-$1.2b per month. This is about what you get if looking at our annual report and taking 30% of labor costs, and zeroing or nearly zeroing our most other categories (get roughly $13b in annual cash costs).

Start selling tickets for August spool up. Would leave us with around $2-$3b in cash with no government loans (so would be more with them).

I think this is the only way we can survive.

stbloc

Don’t forget the 3b cash requirement or creditors will come knocking. A lot cash to bleed on hope for August.

watch

Sell $3b in AA stock.

Jaww

At the current price, that’s a lot of stock.

AAL24

where did you get that info? I see 116 new cases on the 21st and new 82 cases on the 22nd. Not a lot of new cases but last week they did have it down to 0. Now it’s creesping up again. I bet this will be the story until a vaccine comes out.

rld1k

That's a non factor, there are 1.4 billion people there.

havick206

They also mostly stopped the testing.

AxlF16

The curtailment of travel is only meant to slow down the rate of spread. Do you honestly think you’d be more likely to get infected in Europe than in the US?