View Poll Results: Will AA declare bankruptcy?
Yes
219
70.65%
No
91
29.35%
Voters: 310. You may not vote on this poll
Bankruptcy
10-09-2022 | 08:26 PM
#1301
Nonsense Spewer
Joined: Jun 2015
Posts: 536
Likes: 18
From: In the corner using a lampshade as a hat.
10-11-2022 | 08:59 AM
#1302
Line Holder
Joined: Oct 2018
Posts: 89
Likes: 0
American Airlines Sees Third-Quarter Revenue
WSJ. Oct. 11
Preliminary results show 13% increase in revenue even as it trimmed flight schedule by nearly 10%.
That doesn't sound like bankruptcy... sounds more like they need to pay up the pilot group and stop spending money on ridiculous Silicon valley-style buildings at Skyview Drive. That cafeteria is over the top and unnecessary.
Airlines are like utility companies, their admin buildings should look like it was built in East Berlin with only one bathroom.
Preliminary results show 13% increase in revenue even as it trimmed flight schedule by nearly 10%.
That doesn't sound like bankruptcy... sounds more like they need to pay up the pilot group and stop spending money on ridiculous Silicon valley-style buildings at Skyview Drive. That cafeteria is over the top and unnecessary.
Airlines are like utility companies, their admin buildings should look like it was built in East Berlin with only one bathroom.
10-16-2022 | 09:01 AM
#1306
Perennial Reserve
Joined: Jan 2018
Posts: 14,237
Likes: 254
AMC debt refinancing at 15%
AMC Pays 15% Yield on $400 Million Junk Bond to Refinance Debt
BY KEVIN SIMAUCHIOct. 14, 2022, 12:42 PM
- Yield on the offering was hiked from earlier talk of about 14%
- Cash from sale to be used to pay down debt of EU subsidiary
The move is the latest example of a company willing to pay higher rates in an increasingly volatile market. Proceeds from the deal will go toward refinancing term loans held by AMC’s subsidiary, Odeon Cinemas Group Ltd., Europe’s largest theater chain.
The secured bond, led by Citigroup Inc., offers a coupon of 12.75% and a price of 92 cents on the dollar, according to people familiar ...
10-20-2022 | 07:07 AM
#1310
Gets Weekends Off
Joined: Mar 2021
Posts: 2,847
Likes: 212
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