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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10-21-2021 | 07:28 AM

#571

dera

In a land of unicorns

Joined: Apr 2014

Posts: 7,070

Likes: 102

From: Whale FO

Quote:

Originally Posted by Saabs

Did we bankruptcy yet ?

I don't think anyone seriously thinks they will declare bankruptcy. That risk is very low.

10-21-2021 | 07:45 AM

#572

Saabs

Gets Weekends Off

Joined: Jul 2011

Posts: 2,450

Likes: 0

From: Airbus button pusher

Quote:

Originally Posted by dera

I don't think anyone seriously thinks they will declare bankruptcy. That risk is very low.

70.65% of pilots on this thread think we will bankruptcy soon. Then chapter 7!

10-21-2021 | 08:50 AM

#573

AllYourBaseAreB

Gets Weekends Off

Joined: Dec 2019

Posts: 2,262

Likes: 119

That’s because a majority of pilots are financially illiterate, just like the general population

10-21-2021 | 08:51 AM

#574

Saabs

Gets Weekends Off

Joined: Jul 2011

Posts: 2,450

Likes: 0

From: Airbus button pusher

Quote:

Originally Posted by AllYourBaseAreB

That’s because a majority of pilots are financially illiterate, just like the general population

But they give the best advice on politics and finances.

10-21-2021 | 09:51 AM

#575

TransWorld

Gets Everyday Off

Joined: Aug 2016

Posts: 6,995

Likes: 1

From: Fully Retired

Quote:

Originally Posted by Margaritaville

Only in corporate America can they call a $641M loss a $169M profit on paper...

What was done was in accordance with GAAP (Generally Accepted Accounting Procedures). Those are followed in corporate America, corporate Europe, in fact most of the developed and developing world. (They are not followed in Communist China.) So, your first part of your post is not accurate. I am not talking about the second half, which I did not copy.

And yes, for my masters I took a Cost Accounting course and the capstone course including analyzing corporate annual reports. I got an A in both. So I am speaking with authority.

10-21-2021 | 12:38 PM

#576

ACEssXfer

Line Holder

Joined: Oct 2013

Posts: 1,207

Likes: 77

Quote:

Originally Posted by TransWorld

And yes, for my masters I took a Cost Accounting course and the capstone course including analyzing corporate annual reports. I got an A in both. So I am speaking with authority.

The internet is awesome.

10-21-2021 | 12:53 PM

#577

Arado 234

Gets Weekends Off

Joined: Nov 2013

Posts: 1,775

Likes: 0

Quote:

Originally Posted by Saabs

But they give the best advice on politics and finances.

The
Line
Forums

10-21-2021 | 01:01 PM

#578

APCHCLIMB

Banned

Joined: Jul 2019

Posts: 507

Likes: 0

Quote:

Originally Posted by TransWorld

And yes, for my masters I took a Cost Accounting course and the capstone course including analyzing corporate annual reports. I got an A in both. So I am speaking with authority.

I took economics in college. And these central bankers are all morons.