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Bankruptcy

Old 07-28-2022 | 03:06 PM
  #1161  
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From: Gear slinger
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Originally Posted by Al Czervik
Dera is at UAL after saying this?
He’ll be MEC chairman in no time with comments like that…
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Old 07-28-2022 | 03:25 PM
  #1162  
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Originally Posted by 450knotOffice
if you look at the discussions he’s been in since he showed up at APC, he has usually managed to end up alienating most of the people he engages. He’s the worlds smartest guy, with infallible judgment and wisdom.

Heck, ExCargo can grate, but for some reason he comes across very differently. While I may roll my eyes at times at his posts, he generally tries to be cordial and offers up some good info.

Dera, not so much.

Calling it like it is and I don’t gaf if Dera feels it’s an ad hominem attack. He’s basically earned it.
Who can forget Dera, the biggest Envoy cheerleader minus maybe TheKooj, touting the industry's worst pay and work rules back pre-COVID.
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Old 07-28-2022 | 04:29 PM
  #1163  
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Originally Posted by 450knotOffice
if you look at the discussions he’s been in since he showed up at APC, he has usually managed to end up alienating most of the people he engages. He’s the worlds smartest guy, with infallible judgment and wisdom.

Heck, ExCargo can grate, but for some reason he comes across very differently. While I may roll my eyes at times at his posts, he generally tries to be cordial and offers up some good info.

Dera, not so much.

Calling it like it is and I don’t gaf if Dera feels it’s an ad hominem attack. He’s basically earned it.
He’s an ill wishing douche. That’s why he comes across so distasteful.
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Old 07-28-2022 | 05:29 PM
  #1164  
In a land of unicorns
 
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From: Whale FO
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Originally Posted by El Peso
He’s an ill wishing douche. That’s why he comes across so distasteful.
It's funny how people here really don't know how to read.

Every single time I've commented on AAG's financials, I have included my opinion, "I don't think pilots will notice anything if AAG goes through Ch11". I've said it so many times it almost gets old. I believe AAG is in trouble, and will have to go through restructuring at some point. But I don't think a normal line pilot will even notice it.

How's that for ill wishing? Maybe you should learn how to read.

"People much smarter than us are dealing with this at AAG. I'm just excited to watch it from the sidelines to see what plays they call."

That's what I said almost a year ago.

Meanwhile Al and others were making more astute points:

"No, it just makes me wonder if you got turned down here or have some other axe to grind. I figured you were here. Odd obsession."

Go figure.

Last edited by dera; 07-28-2022 at 05:42 PM.
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Old 07-31-2022 | 11:31 AM
  #1165  
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Originally Posted by dera
Every single time I've commented on AAG's financials...

...I've said it so many times it almost gets old...

...That's what I said almost a year ago...

We don't argue your points because we're simply tired of seeing them and don't bother reading them. Every single time you've commented on AAG's financials, as you said yourself.

You've said it so many times it is beyond old.

You've been going on and on and on for a year, or "almost" a year by your own admission. Move on.
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Old 07-31-2022 | 12:22 PM
  #1166  
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From: Fully Retired
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I long since have quit spenting time taking dera’s posts seriously. I just shake my head and move on.

Occasionally I take issue with his points here. That is not to win an argument with him. Rather to help others avoid false perspectives that could steer them in the wrong direction.
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Old 08-04-2022 | 11:18 AM
  #1167  
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Fitch Ratings-New York/Chicago-20 July 2022: Sharply higher interest rates and capital market volatility will weigh on US non-financial corporate debt issuance through 2022, says Fitch Ratings.

Record issuance in 2020 and 2021 to refinance high-cost obligations and increase liquidity during the pandemic provides many companies with flexibility in issuance timing and some capital allocation discretion.

Fitch’s economic team expects the policy interest rate to increase to 3.5% by 1Q23 from 0.25% at YE 2021. The ICE BofA US High-Yield (HY) Index Option-Adjusted Spread rose to 5.87% at June 30, 2022 from 3.10% at Dec. 31, 2021, according to the Federal Reserve. Coupons for the ‘A’ and ‘BBB’ rating categories averaged 4.4% and 4.6% in 2Q22, respectively, up from 2.5% and 2.5% in 4Q21.

HY and investment-grade corporate debt volume declined significantly in 1H22 compared with 1H21. HY bond issuance fell 78% to $61 billion in 1H22, compared with 1H21, and is down 49% from the $119 billion issued in 1H19. July 2022 HY issuance is exceptionally weak with just two deals pricing for $1.1 billion, while 2022 volume is on pace to be the lowest since 2008. YTD mutual fund outflows of $34 billion underscore investor pullback in demand.
https://www.fitchratings.com/researc...ise-20-07-2022
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Old 08-17-2022 | 09:35 PM
  #1168  
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Default Junk bond coupons going up…


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Old 08-19-2022 | 09:46 AM
  #1169  
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https://www.fitchratings.com/researc...isk-12-08-2022
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Old 08-19-2022 | 10:19 AM
  #1170  
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So… UAL is in worse shape than AA?
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