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219
70.65%
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Bankruptcy

Old 01-29-2022 | 12:43 PM
  #861  
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From: A320 CA
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Originally Posted by dera
Nothing like a little ad hominem when you don't know what you are talking about.

Just FYI: In my previous career I've probably seen more SEC filings than you will ever see in your lifetime, kiddo.
Wait, is “youngster” an ad hominem now? I guess maybe like “ok Boomer” or something…
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Old 01-29-2022 | 07:31 PM
  #862  
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Originally Posted by dera
Nothing like a little ad hominem when you don't know what you are talking about.

Just FYI: In my previous career I've probably seen more SEC filings than you will ever see in your lifetime, kiddo.
Reading a financial statement is just the tip of the iceberg. Ed Bastion, who was one of the youngest partners ever at PWC (I used to be an auditor) was overwhelmed when he started to see the inner workings at Delta. Do you really think American is just in the business of flying people? It’s much more than that.
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Old 01-29-2022 | 09:07 PM
  #863  
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From: MEC Chairman, Snack Basket Committee
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Here, Andy is a kiddo. In the other thread, he flew in Vietnam. YMMV
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Old 01-31-2022 | 12:33 PM
  #864  
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Originally Posted by beancounter
Reading a financial statement is just the tip of the iceberg. Ed Bastion, who was one of the youngest partners ever at PWC (I used to be an auditor) was overwhelmed when he started to see the inner workings at Delta. Do you really think American is just in the business of flying people? It’s much more than that.
its called money laundering, airline style.
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Old 02-02-2022 | 02:18 PM
  #865  
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https://www.bloomberg.com/news/artic...-minority-sale

I wonder if we will see AA try do this as well to help service some debt.
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Old 02-02-2022 | 03:52 PM
  #866  
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From: guppy CA
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Originally Posted by BeatNavy
https://www.bloomberg.com/news/artic...-minority-sale

I wonder if we will see AA try do this as well to help service some debt.
That's only one of several things AA could do to raise capital if needed.
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Old 02-02-2022 | 05:19 PM
  #867  
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Originally Posted by Finessed
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.
Just your friendly monthly reminder.

You boys are HOSED and you don’t even know it.

Your welcome,
Finessed
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Old 02-02-2022 | 05:31 PM
  #868  
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Originally Posted by Finessed
Just your friendly monthly reminder.

You boys are HOSED and you don’t even know it.

Your welcome,
Finessed

You mean the airline with one of the strongest financial positions in the industry right now is in financial trouble? That's hilarious.
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Old 02-03-2022 | 06:00 AM
  #869  
In a land of unicorns
 
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From: Whale FO
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Originally Posted by FlyGuy2021
You mean the airline with one of the strongest financial positions in the industry right now is in financial trouble? That's hilarious.
Strongest financial positions?
They are almost 8 billion upside down. They are by far the worst off.
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Old 02-03-2022 | 06:02 AM
  #870  
In a land of unicorns
 
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From: Whale FO
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Originally Posted by Andy
That's only one of several things AA could do to raise capital if needed.
You're a year late, AAdvantage is already fully leveraged.
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