Sure, but they were also increasing their long term debt while they were turning a profit all of those years. We won't even discuss the stock buybacks. Now, they've grown the debt even further and their target burn rate is 1.2B a month, starting in June. They've been burning much more than that, since. It all depends on if they are able to liquidate some assets and streamline the company. That's a tall order. They have the liquidity to survive in the short term, at the expense of possibly not surviving in the short term.

Q1 showed a 25% revenue reduction from Q4 2019 and they lost over 2 billion.

We'll have a better understanding of what is going to happen when the Q2 numbers come out.

AA and UAL decided to just go ahead and take as many hits in the first and second quarters as possible. So for instance they wrote off the one cost of over six hundred pilot buyouts and the retirements and numerous airplanes. Our loss was much less after you take out out one time right downs. DAL on the other hand only reported their loses from DAL and none from any of their owned businesses. It is all in the way you want to do the accounting. No one is saying AA is the shape we would want to be in but the constant doom and gloom comes from people who read and watch entertainment which is what the financial media and then run around like they are experts.

If it was “horrendous” for shareholders Parker would not be the acting CEO. Where are you getting your numbers from man? What’s $20B? AA didn’t not receive $20B from the bailout.. are you assuming that ALL airlines will default on payments? Wrong again!

FAIR? H*LL TO THE YES!!! Airlines employee over 700,000 employees! Want to talk about Fair? how about the $100B + wasted on illegal immigrants every year?

If you go down that road you might wanna include certain spending by the military etc. Besides, that number 100B+ (actually 113) was labeled mostly false on Politifact.

Life is not fair. It never was, it never will be. It might be time to turn off the computer, tablet and TV for a bit and enjoy life. Spend time with your family, keep a clear head and don't let the haters get to you. AA haters gonna hate AA. Nothing you can or should do about. Like this crisis, it will pass.

"When it comes to management self-dealing and enrichment, no one tops Doug Parker of American Airlines (although Ed Bastian of Delta seems intent on making up for lost time). I do not think it’s an accident that Doug Parker is not only the CEO of American, he is also Chairman of the board.

You’re not reading this chart wrong. Doug Parker has pocketed more than $150 million through his sale of 3.6 million shares in American Airlines. These sales were particularly egregious in 2015 – 2016, not coincidentally the period of American’s greatest stock buyback activity. How egregious were the stock sales? For a twelve month period from mid-2015 through mid-2016, Doug Parker pocketed between $4 million and $11 million in stock sales per month. How large were the stock buybacks? Two-thirds of American’s $13 billion in stock buybacks over this six year period occurred over these same months.

Here’s another fun fact about Doug Parker. For a brief shining moment, American Airline’s stock price went above $50 in early 2018. Wouldn’t you know it, Doug just happened to choose that moment to sell 437,000 shares of stock, more than twice as much stock as he had ever sold before and almost 5x the usual size of his stock sales. Barf."

https://www.epsilontheory.com/do-the-right-thing/

Multiples bills which waste tax payers cash. I think the airline bailout is completely justified. Single dollar going to an illegal immigrant over a US citizen or someone here legally is not justified, not in my eyes. You’re right, haters will be haters.

[QUOTE=Andrew_VT;3063916]"When it comes to management self-dealing and enrichment, no one tops Doug Parker of American Airlines (although Ed Bastian of Delta seems intent on making up for lost time). I do not think it’s an accident that Doug Parker is not only the CEO of American, he is also Chairman of the board.

You’re not reading this chart wrong. Doug Parker has pocketed more than $150 million through his sale of 3.6 million shares in American Airlines. These sales were particularly egregious in 2015 – 2016, not coincidentally the period of American’s greatest stock buyback activity. How egregious were the stock sales? For a twelve month period from mid-2015 through mid-2016, Doug Parker pocketed between $4 million and $11 million in stock sales per month. How large were the stock buybacks? Two-thirds of American’s $13 billion in stock buybacks over this six year period occurred over these same months.

Here’s another fun fact about Doug Parker. For a brief shining moment, American Airline’s stock price went above $50 in early 2018. Wouldn’t you know it, Doug just happened to choose that moment to sell 437,000 shares of stock, more than twice as much stock as he had ever sold before and almost 5x the usual size of his stock sales. Barf."

https://www.epsilontheory.com/do-the...ng/[/QUOTE]

Fake News! Parker’s net worth is ~ $50M. Goggle “Complete history of Mr.Parker stock trades at American Airlines, Clear Channel Outdoors, and Pinnacle West Capital”... His sales of AA stock don’t come close to $150M. Largest sale he made was in 2014 for $20.5M. Unless you know something we don’t.

Parker picked up 50,000 shares last year at $27 per share. I don’t think it’s in his best interest AA goes bankrupt.

2018 he sold $3.7M worth of stock. Using your numbers it would mean he sold 437,000 at $8.50 per share!

[QUOTE=Flying101;3063929]
All of these click bait/blogish websites everyone sources info from like epsilon whatever are garbage. The math doesn't make sense.

that was good. Lol