Search
Notices
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

Thread Tools
 
Search this Thread
 
Old 01-17-2024, 10:09 AM
  #1511  
Gets Weekends Off
 
Joined APC: Mar 2014
Posts: 3,102
Default

Originally Posted by RippinClapBombs View Post
“Well, well, well.. how the turntables...” Michael Scott.

You’ve suddenly disappeared into the shadows of the abyss from the AAL BK thread. When did Excargodog’s start going into hibernation? When you decide to claw yourself back up can you “pretty please” give us your brilliant intuition on the probability of Spirit filing BK? Joking of course, please don’t.
Spirit going bankrupt may mean liqudation. In this market/environment, their assets have actual value unlike Covid. Creditors will get more value from selling off their assets than taking a xx% loss on their debt holdings and doing a reorg. With a half a decade wait for new Airbus jets, theirs would be in high demand.

I wouldn't in a million years have guessed Spirit would be this close. Their market cap is now down to $600m - jetblue offered $3.8b.

jetBlue needs to take the W! As the saying goes, better to be lucky rather than good.
Name User is offline  
Old 01-17-2024, 11:19 AM
  #1512  
Gets Weekends Off
 
Joined APC: Jul 2019
Posts: 391
Default

Originally Posted by RippinClapBombs View Post
“Well, well, well.. how the turntables...” Michael Scott.

You’ve suddenly disappeared into the shadows of the abyss from the AAL BK thread. When did Excargodog’s start going into hibernation? When you decide to claw yourself back up can you “pretty please” give us your brilliant intuition on the probability of Spirit filing BK? Joking of course, please don’t.
F9 is in the corner, creepin. Things about to get real rapey. Spirit will probably give that butt up real quick tho.

It is funny all the nonsense ExCargoDoggie talked about AA going bankrupt. Regionals going bankrupt. Fist to profitability blah blah blah. Here’s an article I cut and pasted about Moody Fitch Ratings.

And now here we are. Spirit legit might be chapter 7.

I wonder if he did come over to AA? Not that he would ever admit it.
APCHCLIMB is offline  
Old 01-17-2024, 11:26 AM
  #1513  
Gets Weekends Off
 
Joined APC: Mar 2021
Posts: 1,462
Default

Originally Posted by Name User View Post
Spirit going bankrupt may mean liqudation. In this market/environment, their assets have actual value unlike Covid. Creditors will get more value from selling off their assets than taking a xx% loss on their debt holdings and doing a reorg. With a half a decade wait for new Airbus jets, theirs would be in high demand.

I wouldn't in a million years have guessed Spirit would be this close. Their market cap is now down to $600m - jetblue offered $3.8b.

jetBlue needs to take the W! As the saying goes, better to be lucky rather than good.
I don't believe anything until I get Exorcistdog's take on it. lol
ImSoSuss is offline  
Old 01-18-2024, 03:16 PM
  #1514  
Gets Weekends Off
 
Joined APC: May 2006
Position: Corporate Chief Pilot
Posts: 198
Default

American Airlines lands bull rating from Jefferies
Zach is offline  
Old 01-18-2024, 03:36 PM
  #1515  
Gets Weekends Off
 
Joined APC: Mar 2016
Posts: 132
Default

Got a link that isn’t locked behind a paywall?
Dorp is offline  
Old 01-18-2024, 04:12 PM
  #1516  
Gets Weekends Off
 
Joined APC: May 2006
Position: Corporate Chief Pilot
Posts: 198
Default

Originally Posted by Dorp View Post
Got a link that isn’t locked behind a paywall?
Sorry about that. I just came across it on the stocks app on my iPhone. I went to the source and was able to view it here without a paywall: https://seekingalpha.com/news/405442...from-jefferies
Zach is offline  
Old 01-21-2024, 07:37 AM
  #1517  
Gets Weekends Off
 
pilot124's Avatar
 
Joined APC: Dec 2007
Position: A320 CA
Posts: 207
Default

Say another "Black swan" event happened and AA needed to furlough. Would the jr furloughed guys have the opportunity to go to one of the WO regionals until recalled? Thanks for your replies in advance.
pilot124 is online now  
Old 01-21-2024, 07:46 AM
  #1518  
It's 5 o'clock somewhere
 
Margaritaville's Avatar
 
Joined APC: Oct 2020
Posts: 1,862
Default

We bankruptcy yet?
Margaritaville is offline  
Old 01-21-2024, 09:33 AM
  #1519  
Gets Weekends Off
 
Joined APC: Dec 2007
Position: Window seat
Posts: 5,232
Default

Originally Posted by Margaritaville View Post
We bankruptcy yet?
One of these days Alice, one of these days. Bing, bang, boom....to the moon! (Jackie Gleason hollow threat).

It's been 3 years. Is there a time limit?
Sliceback is offline  
Old 01-21-2024, 09:34 AM
  #1520  
Gets Weekends Off
 
Joined APC: Mar 2021
Posts: 1,462
Default

Originally Posted by pilot124 View Post
Say another "Black swan" event happened and AA needed to furlough. Would the jr furloughed guys have the opportunity to go to one of the WO regionals until recalled? Thanks for your replies in advance.
I don't think that is in the contract anymore.
ImSoSuss is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
aa73
American
200
10-09-2022 08:10 AM
tuktukdriver
Major
42
11-16-2013 08:29 AM
EmbraerFlyer
Major
1
10-08-2008 10:35 AM
redbaron84
Major
1
12-25-2005 09:49 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices