View Poll Results: Will AA declare bankruptcy?
Yes
219
70.65%
No
91
29.35%
Voters: 310. You may not vote on this poll
Bankruptcy
01-23-2022, 11:35 AM
#807
Line Holder
Joined APC: Jul 2018
Posts: 85
American has made it into the "too big to fail" category IMHO. The only thing that could kill them at this point would be an actual Zombie apocalypse. Thus a CH 7 is economically next to impossible as they'll get bailed out by the Government. That doesn't mean a CH11 reorganization isn't possible yet I'd say even that's somewhat far fetched to a degree. However, if you run the clock out long enough it becomes more and more possible I suppose. Worse case scenario right now I think is a concessionary CBA and furloughs for the bottom 3rd in my opinion though that's probably a year or more off and only if Covid sticks around in Plandemic Mode. This is true especially if the economy fails to change course which is anyone's guess. Market volatility is now the new normal and the market could come roaring back in a way that makes little sense. Anyone claiming certainty of any particular economic direction is just giving you their best guesstimate based on solid concrete nonsense.
Look at the facts. There's no real rational reason why the economy never really had a hard crash from Covid. It should of (and it may yet) and the adjustment territory getting flirted with at present is as much as likely to turn around this week than continue to tumble. The normal market indicators don't seem to matter anymore and even the Quant based super computer models are going haywire at every trading house.
Will American furlough again at some point? That's probably the only thing that is an actual certainty, but collapse and go under? No way. Same for Delta, Southwest and United. If covid does flame out in the shorter term I doubt the pilot group at American will have to worry about concessions or furloughs as opposed to a simple hiring freeze for the near future. Seems everyone likes to forget about American's 21 Billion on hand in cash and their plans to pay down debt this year. That's BILLION with a B!
That's all my opinion as my crystal ball is presently in the shop.
Look at the facts. There's no real rational reason why the economy never really had a hard crash from Covid. It should of (and it may yet) and the adjustment territory getting flirted with at present is as much as likely to turn around this week than continue to tumble. The normal market indicators don't seem to matter anymore and even the Quant based super computer models are going haywire at every trading house.
Will American furlough again at some point? That's probably the only thing that is an actual certainty, but collapse and go under? No way. Same for Delta, Southwest and United. If covid does flame out in the shorter term I doubt the pilot group at American will have to worry about concessions or furloughs as opposed to a simple hiring freeze for the near future. Seems everyone likes to forget about American's 21 Billion on hand in cash and their plans to pay down debt this year. That's BILLION with a B!
That's all my opinion as my crystal ball is presently in the shop.
Last edited by MCRN; 01-23-2022 at 11:55 AM.
01-23-2022, 02:03 PM
#808
Gets Weekends Off
Joined APC: Oct 2013
Posts: 1,045
Originally Posted by MCRN
American has made it into the "too big to fail" category IMHO. The only thing that could kill them at this point would be an actual Zombie apocalypse. Thus a CH 7 is economically next to impossible as they'll get bailed out by the Government. That doesn't mean a CH11 reorganization isn't possible yet I'd say even that's somewhat far fetched to a degree. However, if you run the clock out long enough it becomes more and more possible I suppose. Worse case scenario right now I think is a concessionary CBA and furloughs for the bottom 3rd in my opinion though that's probably a year or more off and only if Covid sticks around in Plandemic Mode. This is true especially if the economy fails to change course which is anyone's guess. Market volatility is now the new normal and the market could come roaring back in a way that makes little sense. Anyone claiming certainty of any particular economic direction is just giving you their best guesstimate based on solid concrete nonsense.
Look at the facts. There's no real rational reason why the economy never really had a hard crash from Covid. It should of (and it may yet) and the adjustment territory getting flirted with at present is as much as likely to turn around this week than continue to tumble. The normal market indicators don't seem to matter anymore and even the Quant based super computer models are going haywire at every trading house.
Will American furlough again at some point? That's probably the only thing that is an actual certainty, but collapse and go under? No way. Same for Delta, Southwest and United. If covid does flame out in the shorter term I doubt the pilot group at American will have to worry about concessions or furloughs as opposed to a simple hiring freeze for the near future. Seems everyone likes to forget about American's 21 Billion on hand in cash and their plans to pay down debt this year. That's BILLION with a B!
That's all my opinion as my crystal ball is presently in the shop.
Look at the facts. There's no real rational reason why the economy never really had a hard crash from Covid. It should of (and it may yet) and the adjustment territory getting flirted with at present is as much as likely to turn around this week than continue to tumble. The normal market indicators don't seem to matter anymore and even the Quant based super computer models are going haywire at every trading house.
Will American furlough again at some point? That's probably the only thing that is an actual certainty, but collapse and go under? No way. Same for Delta, Southwest and United. If covid does flame out in the shorter term I doubt the pilot group at American will have to worry about concessions or furloughs as opposed to a simple hiring freeze for the near future. Seems everyone likes to forget about American's 21 Billion on hand in cash and their plans to pay down debt this year. That's BILLION with a B!
That's all my opinion as my crystal ball is presently in the shop.
01-23-2022, 04:37 PM
#810
Banned
Joined APC: Nov 2020
Posts: 459
The honeymoon is almost over for everyone.
The Feds printers have run out of ink. The market is currently indicating a potential economic recession in our future. If that happens, it’s over for AA”G”. I heard you boys are ready to start hiring like bonkers, that’s cute, what airline hasn’t been known to hire pilots up until the day they went BK or started furloughing to cover their bottom line???
You boys have too much debt and even more incompetence in the managerial department to survive even the slightest recession. This time you won’t get bailed out either. CEO’s out, that’s got BK written all over it.
I’d suggest you get your apps out, and plan accordingly. But for now enjoy the honeymoon before the inevitable divorce.
The Feds printers have run out of ink. The market is currently indicating a potential economic recession in our future. If that happens, it’s over for AA”G”. I heard you boys are ready to start hiring like bonkers, that’s cute, what airline hasn’t been known to hire pilots up until the day they went BK or started furloughing to cover their bottom line???
You boys have too much debt and even more incompetence in the managerial department to survive even the slightest recession. This time you won’t get bailed out either. CEO’s out, that’s got BK written all over it.
I’d suggest you get your apps out, and plan accordingly. But for now enjoy the honeymoon before the inevitable divorce.
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