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
12-29-2022 | 03:35 AM
#1392
It's 5 o'clock somewhere
Joined: Oct 2020
Posts: 2,671
Likes: 17
FedEx's problem is that they saw massive growth and revenue during the corona hysteria which has now dried up as people have come to their senses. Also their delivery network is a dumpster fire with all their ground services contracted out to the lowest cost providers who couldn't give a hoot about the company's brand. Unless you're shipping an overnight envelope to a business, they're literally the worst package delivery service out there. That's why they are suffering.
FedEx isn't indicative of this segment of the industry. Pilots should stop trying to use it as some bellwether.
I feel bad for all of those who left a legacy to go there chasing the money.
FedEx isn't indicative of this segment of the industry. Pilots should stop trying to use it as some bellwether.
I feel bad for all of those who left a legacy to go there chasing the money.
12-29-2022 | 04:13 AM
#1393
Gets Weekends Off
Joined: Mar 2021
Posts: 2,847
Likes: 212
FedEx's problem is that they saw massive growth and revenue during the corona hysteria which has now dried up as people have come to their senses. Also their delivery network is a dumpster fire with all their ground services contracted out to the lowest cost providers who couldn't give a hoot about the company's brand. Unless you're shipping an overnight envelope to a business, they're literally the worst package delivery service out there. That's why they are suffering.
FedEx isn't indicative of this segment of the industry. Pilots should stop trying to use it as some bellwether.
I feel bad for all of those who left a legacy to go there chasing the money.
FedEx isn't indicative of this segment of the industry. Pilots should stop trying to use it as some bellwether.
I feel bad for all of those who left a legacy to go there chasing the money.
01-12-2023 | 05:59 AM
#1395
You scratched my anchor
Joined: Feb 2011
Posts: 5,126
Likes: 84
01-12-2023 | 06:12 AM
#1396
Perennial Reserve
Joined: Jan 2018
Posts: 14,237
Likes: 254
Keep up the good work, Al.
01-12-2023 | 06:12 AM
#1397
Screen Toucher
Joined: Sep 2017
Posts: 221
Likes: 8
From: F/O
01-12-2023 | 06:25 AM
#1399
Gets Weekends Off
Joined: Jan 2018
Posts: 2,835
Likes: 276
Hey, I’m glad AA is doing well. And I’m glad the airline industry is - thus far - more robust than the economy as a whole. And inflation appears to be improving at Lear a little as well. Even so, to the extent they will be refinancing their debt at higher interest rates they’ve got some headwinds, and the Fed is still talking higher interest rates but it looks like AA may well successfully avoid the worst case scenario.
Keep up the good work, Al.
Keep up the good work, Al.
01-12-2023 | 07:56 AM
#1400
Gets Weekends Off
Joined: Dec 2019
Posts: 1,318
Likes: 0
Hey, I’m glad AA is doing well. And I’m glad the airline industry is - thus far - more robust than the economy as a whole. And inflation appears to be improving at Lear a little as well. Even so, to the extent they will be refinancing their debt at higher interest rates they’ve got some headwinds, and the Fed is still talking higher interest rates but it looks like AA may well successfully avoid the worst case scenario.
Keep up the good work, Al.
Keep up the good work, Al.
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