How long will it last?
10-06-2020, 05:49 PM
#41
Gets Weekends Off
Joined APC: Feb 2007
Posts: 584
Originally Posted by pangolin
Pretty sure it’s chapter 11 time.
Even with all our debt wiped clean we would still be losing tens of millions per day. A judge couldn't even get us to profitable right now if he cut everyone's salary in half.
10-06-2020, 06:19 PM
#42
Gets Weekends Off
Joined APC: Mar 2014
Posts: 774
Originally Posted by Andrew_VT
Who is going to provide DIP financing for that?
Even with all our debt wiped clean we would still be losing tens of millions per day. A judge couldn't even get us to profitable right now if he cut everyone's salary in half.
Even with all our debt wiped clean we would still be losing tens of millions per day. A judge couldn't even get us to profitable right now if he cut everyone's salary in half.
10-06-2020, 06:44 PM
#43
Gets Weekends Off
Joined APC: Feb 2012
Position: CRJ FO
Posts: 4,599
Originally Posted by bababouey
Why does everyone think that the govt would never allow another big merger, but would sit back and let one or more major carriers liquidate?
10-06-2020, 08:38 PM
#44
Gets Weekends Off
Joined APC: Dec 2007
Posts: 618
Originally Posted by Andrew_VT
Who is going to provide DIP financing for that?
Even with all our debt wiped clean we would still be losing tens of millions per day. A judge couldn't even get us to profitable right now if he cut everyone's salary in half.
Even with all our debt wiped clean we would still be losing tens of millions per day. A judge couldn't even get us to profitable right now if he cut everyone's salary in half.
10-07-2020, 02:17 AM
#45
Gets Weekends Off
Joined APC: Jan 2016
Position: Left
Posts: 1,189
Originally Posted by bababouey
Why does everyone think that the govt would never allow another big merger, but would sit back and let one or more major carriers liquidate?
When the end game will either be close the doors or merge ,the DOJ will allow another big merger . To not understand this is to not understand big government.
10-07-2020, 02:58 AM
#46
777 - ret
Joined APC: Apr 2020
Position: Waco CG-4 center seat
Posts: 863
Originally Posted by FetaCheese
Never mind, folks. F my life. Tweeter in chief just burned all of us.
Make American Go Away !
... no I don’t believe that will happen and I don’t want it to happen ... my nephew was in the first group furloughed.Good kid.
I think I’m going to go ahead and do an early VOTE.
10-07-2020, 03:03 AM
#47
777 - ret
Joined APC: Apr 2020
Position: Waco CG-4 center seat
Posts: 863
Originally Posted by Bozo the pilot
So did Pelosi. Or are you wearing blinders? She's asking for the Feds to bail out the Govs who locked down an entire economy to protect the healthy from a virus that is at least 99.6 % survivable. 1.6T is more than enough for now. Wake up.
10-07-2020, 05:10 AM
#48
Banned
Joined APC: Jul 2017
Posts: 894
Originally Posted by Huell
MAGA !
Make American Go Away !
... no I don’t believe that will happen and I don’t want it to happen ... my nephew was in the first group furloughed.Good kid.
I think I’m going to go ahead and do an early VOTE.
Make American Go Away !
... no I don’t believe that will happen and I don’t want it to happen ... my nephew was in the first group furloughed.Good kid.
I think I’m going to go ahead and do an early VOTE.
10-07-2020, 05:31 AM
#49
Gets Weekends Off
Joined APC: Sep 2015
Position: UNA
Posts: 4,419
Originally Posted by bababouey
Why does everyone think that the govt would never allow another big merger, but would sit back and let one or more major carriers liquidate?
CH11 could happen but there would have to be a rebound in flying so AA can generate the cash flows needed to run the business but not necessarily service it’s debt.
10-07-2020, 05:37 AM
#50
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,728
Originally Posted by Gone Flying
CH11 could happen but there would have to be a rebound in flying so AA can generate the cash flows needed to run the business but not necessarily service it’s debt.
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