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View Poll Results: Will AA declare bankruptcy?
Yes
219
70.65%
No
91
29.35%
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Bankruptcy

Old 01-07-2021 | 01:17 PM
  #21  
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Originally Posted by Finessed
So I’m wrong because only 5% of chapter 11 bankruptcies are converted to chapter 7. Yeah listen that’s most likely so low because nobody bothers with chapter 11 when it’s inevitable chapter 7 is the best result for the parties. But that doesn’t make it “wrong”, it makes it “highly unlikely”.

So let’s take a look at the balance sheet of American Airlines Group. They $64.54 billion in total assets, which is losing value daily. Total debt last quarter was $41.2 Billion. In December they were burning a reported 25-30 million a day.

It would be interesting to find out how exactly the debtors would be restructuring. Also I question if American really owns 65 Billion in assets, I bet the debtors during the chapter 11 process would have it valued substantially less.

No, you are wrong because you simply pull numbers out of your@$$ with no attempt to be anything but incendiary.
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Old 01-07-2021 | 01:30 PM
  #22  
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Originally Posted by Excargodog
No, you are wrong because you simply pull numbers out of your@$$ with no attempt to be anything but incendiary.
So you can’t handle the truth now? Yikes. Those numbers are directly from last quarter, also the 25-30 million in cash burn was reported December 7th, 2020. My numbers are from reports.
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Old 01-07-2021 | 01:35 PM
  #23  
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Originally Posted by EagleVol
Why do you care?
Because I can. When a WI Packers fan watches a game between the Seahawks and Bears, do others at the bar ask him or her, “why are you even here? Why do you even care”. I can care about anything I want, as can you.
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Old 01-07-2021 | 01:53 PM
  #24  
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Originally Posted by sanicom3205
Fixed it for you.

I think your hat is on too tight and it's restricting blood flow. Not good!
“All the experts say” 😂😂 please watch the video below.
https://youtu.be/fPMseMl6mYo

You’re no longer writing more than a few sentences I’ve noticed. I’d assume to prevent exposure to your horrific grammar.

Is that the second or third time you’ve cracked the hat joke? You need more material.
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Old 01-07-2021 | 02:08 PM
  #25  
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Originally Posted by Finessed
Because I can. When a WI Packers fan watches a game between the Seahawks and Bears, do others at the bar ask him or her, “why are you even here? Why do you even care”. I can care about anything I want, as can you.
I never said you couldn’t care, it’s sad and pathetic though if you do since none of it concerns you. It is especially pathetic to go troll the regional forums about AA’s hypothetical demise.
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Old 01-07-2021 | 02:22 PM
  #26  
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Originally Posted by EagleVol
I never said you couldn’t care, it’s sad and pathetic though if you do since none of it concerns you. It is especially pathetic to go troll the regional forums about AA’s hypothetical demise.
You’re not very bright, or just very arrogant. Asking another individual why they care, then continuously insulting the individual for caring is an indirect way of asking the individual to stop caring.
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Old 01-07-2021 | 03:15 PM
  #27  
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Originally Posted by Finessed
So you can’t handle the truth now? Yikes. Those numbers are directly from last quarter, also the 25-30 million in cash burn was reported December 7th, 2020. My numbers are from reports.
Those aren’t the numbers I was referring to and you know it.

Look at my prior postings. I have been as frank (and accurate) as anyone about my concerns regarding AA, but I have posted facts, not BS about bankruptcy numbers which you clearly know nothing about, as demonstrated by the fact that you have crawfished after a couple of my corrections.

I am as supportive as the next guy about helping those coming here for information make informed choices. What I don’t support is someone neener-neenering people who have invested years of seniority in furthering their careers and had zero control over financing decisions their management made, especially when - absent a black swan event they couldn’t predict - there was nothing inherently unreasonable about those financial decisions at the time.

You, on the other hand, seem to take a positive delight in lying and twisting the knife - increasing the angst of people who lack any ability whatever to change the situation.

That being the case, this will be the last exchange of postings I will have with you. Go find a rock to crawl under.
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Old 01-07-2021 | 03:30 PM
  #28  
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Originally Posted by Finessed
“All the experts say” 😂😂 please watch the video below.
https://youtu.be/fPMseMl6mYo

You’re no longer writing more than a few sentences I’ve noticed. I’d assume to prevent exposure to your horrific grammar.

Is that the second or third time you’ve cracked the hat joke? You need more material.
https://www.forbes.com/sites/tedreed...h=17a77b125b7e

American accepted another federal loan, while Delta took on debt backed by SkyMiles. This is after taking a $5.4 billion federal loan through the CARES act. You're truly concerned about how one airline financed debt versus another? I don't know what you're trying to argue here.

Attacking my grammar doesn't make you look smart. It's yet another example of your pathetic fabrication when you're backed into a corner and can't think of anything else to say. Anyone reading can judge my grammar for themselves. You look like a fool
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Old 01-07-2021 | 03:53 PM
  #29  
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Sooooo did we go bankrupt yet? Someone let me know when it happens. Thanks.
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Old 01-07-2021 | 03:55 PM
  #30  
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Originally Posted by Excargodog
Those aren’t the numbers I was referring to and you know it.

Look at my prior postings. I have been as frank (and accurate) as anyone about my concerns regarding AA, but I have posted facts, not BS about bankruptcy numbers which you clearly know nothing about, as demonstrated by the fact that you have crawfished after a couple of my corrections.

I am as supportive as the next guy about helping those coming here for information make informed choices. What I don’t support is someone neener-neenering people who have invested years of seniority in furthering their careers and had zero control over financing decisions their management made, especially when - absent a black swan event they couldn’t predict - there was nothing inherently unreasonable about those financial decisions at the time.

You, on the other hand, seem to take a positive delight in lying and twisting the knife - increasing the angst of people who lack any ability whatever to change the situation.

That being the case, this will be the last exchange of postings I will have with you. Go find a rock to crawl under.
What other numbers did I post? You can’t handle the truth and you’re correct you can’t control what American Airlines management decides from a financial aspect, but you should have been more informed on how terrible of a decision placing huge debt bets on buying the farm on new metal hoping we wouldn’t have another industry downturn. Play stupid games win stupid prizes.

Copy and pasting the definition of chapter 11 is called “copy” and “paste”, not listing facts. I’d love to see where you found the 5% statistic?

You better go hide under a rock with no internet connection because the news won’t be any better for the next year. Sorry to be the bad news bear. You specifically need a reality check.
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