Originally Posted by Tranquility

Just so we're clear, hiring people means bankruptcy isn't in the cards??

Originally Posted by sanicom3205

No, but what do you say about 20b in liquidity ?

Originally Posted by Tranquility

Doug is an idiot, I hope you all have more faith in him than I do.

Originally Posted by AAL24

I don't like the way Doug chooses to run the airline but that is a ridiculous statement. DP went from running a tiny low cost carrier to controlling the largest airline in the world. His total compensation package most likely exceeds any other airline exec for the last decade or so. Ruthless and cunning maybe, but not an idiot.

Originally Posted by Excargodog

The issue there is that the AA fleet buy was earlier model engines. Of AAs 246 A321s only 33 of them are NEOs. Of their 303 737s only 41 are MAXs. That’s going to put them at a 15-20% fuel disadvantage over the newer engine models.

That plus the fact that the used aircraft market has cratered due to the COVID inspired bankruptcy’s and they may well be able to find good deals on late model used aircraft because of that. A lot of aircraft leasing agencies have planes sitting right now painted in colors of airlines that no longer exist. They are happy to get out from under or get someone to take out a new lease. And those same bankruptcy’s have left both Boeing and Airbus with a lot of aircraft already built that they now can’t deliver. These so-called ‘white tails’ are cluttering up their tarmac. And both aircraft manufacturers are getting rid of these at fire sale prices right now. For people with the right financing, it’s actually a pretty good time to buy aircraft.

That’s not to say anything bad about AA management. They couldn’t have predicted COVID.

Originally Posted by Dunkin

Delta has been the most profitable airline in the past decade and they’ve done so with more used and fuel inefficient aircraft compared to AA. They are also rumored to be buying more used 737-900s vs a Max order, there’s more to aircraft ownership costs than fuel. If the most profitable “Air Line” prefers used old engine aircraft maybe it isn’t that much of a disadvantage compared to GTF engines?

Originally Posted by Dunkin

Delta has been the most profitable airline in the past decade and they’ve done so with more used and fuel inefficient aircraft compared to AA. They are also rumored to be buying more used 737-900s vs a Max order, there’s more to aircraft ownership costs than fuel. If the most profitable “Air Line” prefers used old engine aircraft maybe it isn’t that much of a disadvantage compared to GTF engines?

Originally Posted by Texasbound

Well, that's not very woke or environmentally friendly. Gretta, is not pleased.