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
02-02-2021, 11:08 AM
#261
Gets Weekends Off
Joined APC: Jul 2017
Posts: 1,729
Originally Posted by nonononononono
"Once the govts around the world smarten up demand will return. "
never going to return. AA ceasing to exist is going to be the least of our worries. air travel wont even exist in ten years
never going to return. AA ceasing to exist is going to be the least of our worries. air travel wont even exist in ten years
02-02-2021, 11:12 AM
#262
Eating A Gruben
Joined APC: Feb 2020
Posts: 1,065
Originally Posted by nonononononono
"Once the govts around the world smarten up demand will return. "
never going to return. AA ceasing to exist is going to be the least of our worries. air travel wont even exist in ten years
never going to return. AA ceasing to exist is going to be the least of our worries. air travel wont even exist in ten years
What, are we all going to get destroyed by Jewish space lasers ?
02-02-2021, 11:36 AM
#264
Gets Weekends Off
Joined APC: Jul 2014
Posts: 261
Originally Posted by ACEssXfer
Sell a good chunk to who? Everyone is in the same position.
AA, and everyone else, have a viable business plan. In the past that was not the case. Demand is the issue. Once the govts around the world smarten up demand will return. AA can’t pay off it’s debt by being smaller than it is. It’s going to be hard enough at their present size.
AA, and everyone else, have a viable business plan. In the past that was not the case. Demand is the issue. Once the govts around the world smarten up demand will return. AA can’t pay off it’s debt by being smaller than it is. It’s going to be hard enough at their present size.
The fact that American is in a box where they are too large to sustain their mass while being unable to service their debt if shrunk to profitability (which has never worked, either) isn't a situation unique to American.
02-02-2021, 11:57 AM
#265
Gets Weekends Off
Joined APC: Oct 2013
Posts: 1,053
Originally Posted by acecrackshot
American has a very good chance of getting parted out, or at least scaled down. For example, LAS/LAX/ORD/DFW gates would be very valuable to other airlines who are economically viable entities going forward. For example, American got much of their international presence at ORD from buying assets from a distressed carrier. That carrier was distressed PRECISELY due to federal intervention in the market, so, I guess there is a potential ironic situation there.
The fact that American is in a box where they are too large to sustain their mass while being unable to service their debt if shrunk to profitability (which has never worked, either) isn't a situation unique to American.
The fact that American is in a box where they are too large to sustain their mass while being unable to service their debt if shrunk to profitability (which has never worked, either) isn't a situation unique to American.
I’m also a little confused as to how American is not “economically viable” but other airlines are? Demand returns and AA is a profitable company. If it does not......well.......I guess United will “buy all our gates” since they make money with no demand but we do not.
02-02-2021, 12:05 PM
#266
Eating A Gruben
Joined APC: Feb 2020
Posts: 1,065
Originally Posted by ACEssXfer
Jesus guy. Define “very good chance”.
I’m also a little confused as to how American is not “economically viable” but other airlines are? Demand returns and AA is a profitable company. If it does not......well.......I guess United will “buy all our gates” since they make money with no demand but we do not.
I’m also a little confused as to how American is not “economically viable” but other airlines are? Demand returns and AA is a profitable company. If it does not......well.......I guess United will “buy all our gates” since they make money with no demand but we do not.
Taking a dump on AA makes them feel better about themselves, while also acting like there's a world where things get so bad that AA goes under yet their job remains great! This guy is arguing that we sell off our means of supporting our international network (regionals) to our competitors, while dumping our most profitable hubs. Somehow, bear with me here, this make servicing debt possible.
02-02-2021, 12:34 PM
#267
Eating A Gruben
Joined APC: Feb 2020
Posts: 1,065
Originally Posted by acecrackshot
Or be on an island that will tip over into the ocean.
https://hiddencompass.net/story/the-end-of-tangier/
Last edited by sanicom3205; 02-02-2021 at 01:00 PM.
02-02-2021, 01:31 PM
#268
Gets Weekends Off
Joined APC: May 2013
Position: No Hats No Jackets No PAX
Posts: 1,513
Government Control parallels current load factors (roughly). Super Bowl attendance of basically 40% (Controlled attendance of 25,000) vs last year attendance of over 62,000 ( Stadium Dependent/not counting 30,000 cardboard cutouts). No real correlation, just trying to parallel the Government control issues. If you think it’s bad here, internationally it ain’t lifting anytime soon. That will be a long time coming for “normalcy” by any stretch of the imagination.
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