Honest question...are we really burning 35 mil/day with all the payroll covered? Obviously it’s not being covered as of October 1. Just curious as to the truth of these numbers that get thrown around

I can't remember for AA specifically, but many airlines filled and flushed pools repeatedly over the last recessions. Some airlines would fill and flush pools without running a single new hire class.

A CJO didn't mean much until you were butt in class.

Last I heard it was just south of 30 millions a day. That includes payroll. Our burn rate is not going up because of PSP expiring hence the furloughs to try to lower the labor cost. We will know more when AA reports their financials for Q3.

AA got 5.8 billion dollars in PSP funds for 6 months. That works out to 31.8 million per day. I know we had a higher burn rate at the start of the pandemic, but as it stands now and if CARES act is extended, then we are essentially breaking even correct?

Assets that who would buy? By assets do you mean airplanes? No ones buying. Selling used or new airplanes in 2020-2021 will be like selling a house in 2008.

The 3 in house regionals.

Do you mean sell one and promise the purchaser a certain percent of AA flying. Just what AAL needs ,more codeshare and lost flying from mainline.

yeah, it’s been done before. I’m just throwing out ideas for more furniture to burn before we go under. I’m a little worried that there hasn’t been much talk about any mitigation options or anything really. Seems like they put all their eggs in the bailout basket.

What does a mother with a baby do when trapped in rising water?



Stand on the kid

Brutal. Wow.