How long will it last?
10-06-2020 | 05:49 PM
#41
Line Holder
Joined: Feb 2007
Posts: 595
Likes: 2
10-06-2020 | 06:19 PM
#42
Line Holder
Joined: Mar 2014
Posts: 898
Likes: 47
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 | 06:44 PM
#43
Gets Weekends Off
Joined: Feb 2012
Posts: 4,601
Likes: 0
From: CRJ FO
I truly believe the fate of AA lies in the hands of the government at this point. How do you exit bankruptcy without a plan for profitability? No amount of restructuring of debt or cutting of salaries solves the inherent problem. And right now by the looks of it things aren’t getting better quick enough for everyone to survive. Even a merger doesn’t solve the problem.
10-06-2020 | 08:38 PM
#44
Gets Weekends Off
Joined: Dec 2007
Posts: 618
Likes: 0
In BK you have to give something up. Won’t be the same coming out as going in. Not to mention contracts will be renegotiated. I would expect about 30% smaller.
10-07-2020 | 02:17 AM
#45
Line Holder
Joined: Jan 2016
Posts: 1,577
Likes: 147
From: Left
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: Apr 2020
Posts: 863
Likes: 0
From: Waco CG-4 center seat
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: Apr 2020
Posts: 863
Likes: 0
From: Waco CG-4 center seat
10-07-2020 | 05:10 AM
#48
Banned
Joined: Jul 2017
Posts: 894
Likes: 0
10-07-2020 | 05:31 AM
#49
Gets Weekends Off
Joined: Sep 2015
Posts: 5,567
Likes: 231
From: UNA
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
Line Holder
Joined: Oct 2010
Posts: 1,991
Likes: 185
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