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How low can they go!
Bankruptcy on the horizon?
As AAL approaches 60 billion in debt, how low can they go? |
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Originally Posted by Laminar
(Post 3078875)
Bankruptcy on the horizon?
As AAL approaches 60 billion in debt, how low can they go? $34 billion at the end of the first quarter, expected to reach $41 billion by the end of June. https://www.google.com/amp/s/www.bar...ok-51592406542 |
Used 787-9s coming in hot from LATAM Chile and other weak carries. 100+ 787s on property by 2025.
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Originally Posted by Systemized
(Post 3078934)
Used 787-9s coming in hot from LATAM Chile and other weak carries. 100+ 787s on property by 2025.
https://media0.giphy.com/media/3gPKk...3sJI/giphy.gif |
AA Finances
Debt 33 B
Liabilities 60 B Not much cash on hand. They are taking out more loans weekly. Burning 70 Mil a DAY .....poof |
Y’all are throwing out numbers like CNN throws out facts.
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Originally Posted by ERAUAV8TR
(Post 3078992)
Debt 33 B
Liabilities 60 B Not much cash on hand. They are taking out more loans weekly. Burning 70 Mil a DAY .....poof You totally made the right decision going to United instead of flowing from Envoy........... Al posted a good article, maybe you should read it. |
Envoy will be spun off as a stand alone, profitable company. AA will pass through bankruptcy to emerge as a wholly owned subsidiary of Envoy Air Group (EAG), NYSE: EAGLE.
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The numbers if anyone is concerned with facts anymore:
Debt: 33.44B Cash: 4.0B Cares payroll grant 5.8B Cares Loan: 4.75B Available liquidity: 6.8B Cash at end of June: 11B AA is burning 40-50m/day and decreasing. |
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