Heed your own advice on your second paragraph. You’re only form of debate is to insult. I clearly listed American’s current debt situation which is horrific. You made a ridiculous claim that “all experts back American” you need to watch that video again, and please tell me one financial expert that had anything good to say about investing in American Airlines. The institutional ownership of American Airlines stock is at an ALL TIME LOW, the shorts are over 30 PERCENT. “Experts” are currently betting against not for.

Oh btw that Forbes article is from MAY 2020. You’re such a sorry clown 🤡 .

I've heard all of this before.

Schadenfruede

“Airline Shares Ended 2020 Down, But The Sky Did Not Fall And American Bankruptcy Chatter Turned Out To Be Nonsense”

Same author, writing this to essentially say “I told you so”. Sorry the date he wrote the first article didn’t please you though. Hopefully two weeks old is fresh enough for your liking?

🤡 🎩 🤡 🎩 🤡 🎩

https://www.google.com/amp/s/www.for...-happened/amp/

You crack me up kid. He told us all what exactly? Nobody in the forums was predicting BK for American until earliest June/July 2021? The Boeing CEO prediction was non sense from the start once you open the books.

This is the problem with American, they have maxed out all of their liquidity and by doing that have killed their business. How are you suppose to make money paying back interest rates on over 42 billion dollars of debt with some as high as 10%?

Currently they are burning 25-30 million a day sitting on 14 billion of liquidity. Debtors would NEVER let them run through all of their liquidity. But doing the simple math that gives them 1 year and 195 days to burn through it all.

The liquidity floor I've heard is 6-8 billion. Now, obviously, that's a wide number.

The problem is now they've got double digit bond yields, they need something to which to refinance that. That's not sustainable.

You may be right, but as a fellow double-breasted admiral I hope you’re wrong. American going into bankruptcy would be disastrous for everyone across the industry. Delta would immediately come crying to our MEC saying they needed lower pay rates to compete with AAs bankruptcy contract. We should be drinking a toast to all the legacies financial health, regardless of who we work for.

I’m sure that everyone at AA/DL/WN/UA was thinking that in 1980, or they were too busy licking their chops at the prospect of taking TWA/Eastern/Pan Am flying. I know my guess.

Or, all of the USAir guys demanding super seniority over regional pilots.

Or, all the APA stapling the TWA guys.

Funny how perspective changes when the machine gun splashes are walking up to your lifeboat.

https://www.macroaxis.com/invest/rat...-Of-Bankruptcy


Finessed, it's clear to everyone why you're here. At the end of the day, no one knows how this will play out. Regardless of that fact, you "would love the conversation pointed towards restructuring plans". You believe our company is going to go away, that we are all going to lose our livelihoods, lose our source of income that is essentially the foundation of our lives. This is your opinion, and because you believe it with conviction we must all have this conversation on your terms.

It's bad enough that you come onto AA threads and do everything in your power to make us feel like our jobs are at risk. It's really pathetic that you feel the need to constantly do it to the young pilots just starting out at regionals. You relish in making them squirm.

You made this profile less than two months ago just to rail on people and tear them down. Honestly, does this make you feel better about your life?

Yes. But what's significant is that the laws have changed since the last round of airline BK's.

BK is now less palatable for routine business purposes of escaping inconvenient obligations. The creditors are now more in control, as opposed to the DIP (the management team).

The good news with that (for labor) is it's riskier for management to file BK, they might lose the whole enchilada and their jobs and stock.

Bad news is that if they do file, it's easier for creditors to force liquidation if they think that will get them the most pennies on their dollar.

Good news, right now, is that airline assets are worth about their weight in crushed beer cans, so creditors might be more inclined to let the company re-organize and hope for a better return down the road, vice cash out while they'd be hard-pressed to give away the assets.