View Poll Results: Will AA declare bankruptcy?

Yes

219

70.65%

29.35%

Voters: 310. You may not vote on this poll

Bankruptcy

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02-02-2021 | 02:30 PM

#271

ACEssXfer

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Joined: Oct 2013

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Quote:

Originally Posted by hockeypilot44

So Delta is in worse shape?

How exactly did you decide that anyone in this thread said that?

02-02-2021 | 02:45 PM

#272

ny797

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This is the dumbest ****ing match I’ve ever seen 😂

02-02-2021 | 06:18 PM

#273

LAXtoDEN

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Joined: Jan 2021

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I don’t feel as much worry as others if AA files or all 3 for that matter. I’d think restructuring should work out much better for future growth down the road than continuing to collect high coupon debt.

02-02-2021 | 06:22 PM

#274

Saabs

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From: Airbus button pusher

Quote:

Originally Posted by ny797

This is the dumbest ****ing match I’ve ever seen 😂

my Saab 340 is bigger than yours. Unless you have the 2000

02-02-2021 | 07:23 PM

#275

ShyGuy

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Joined: Dec 2005

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Quote:

Originally Posted by Saabs

my Saab 340 is bigger than yours. Unless you have the 2000

What if I have the B+

02-02-2021 | 09:47 PM

#276

ElCaribe

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Quote:

Originally Posted by LAXtoDEN

If all 3 file then you’ll be at Skywest for the next 10 years.

02-03-2021 | 03:53 AM

#277

hockeypilot44

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Quote:

Originally Posted by ACEssXfer

How exactly did you decide that anyone in this thread said that?

Just the fact that Delta lost 40 percent more money than American last year.

02-03-2021 | 05:03 AM

#278

acecrackshot

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Joined: Jul 2014

Posts: 478

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Quote:

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 don’t have to define it. The market did and forced American to pay a premium on 11%+ debt. That’s a warning sign, not a seal of approval. The debt service on the recent debt will likely absorb lots if not all the pre-Covid profit, that itself under the powerful assumption that we all quickly return to pre Covid status quo.

Honestly, I don’t think another legacy will buy assets if they come up for sale, it will be the ULCCs/LCCs who aren’t as encumbered with debt and have more flexibility, just like the 1980s.

02-03-2021 | 05:12 AM

#279

acecrackshot

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Quote:

Originally Posted by sanicom3205

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.

I didn’t say it’s a good plan. American has gotten boxed into this reality. You know what? How do you think American got its international network?

I said it’s a possible or potentially likely future. At some point do the economics support three US international carriers? Or, if WN is becoming more of a domestic legacy carrier, four legacies?

Are you suggesting that American is too big to fail, because the international network is so critical the financiers will just continue to support it indefinitely?

The Earth will still rotate with American as a much smaller carrier post a trip to BK court.

Whether that’s good or bad for me individually or hurts your feelings doesn’t really effect the situation American finds itself in.