Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   American (https://www.airlinepilotforums.com/american/)
-   -   Bankruptcy (https://www.airlinepilotforums.com/american/132024-bankruptcy.html)

Andy 02-09-2022 12:07 PM


Originally Posted by Rroku (Post 3365165)
So are we bankrupt yet? Asking for a friend

They could do a secondary stock offering to gain more working capital. There are other games that can be played to avoid Ch 11.
Due to changes in BK laws with respect to maintaining/losing control of the company, they'll likely do anything they can to avoid Ch 11.

sanicom3205 02-09-2022 12:16 PM


Originally Posted by Andy (Post 3369620)
They could do a secondary stock offering to gain more working capital. There are other games that can be played to avoid Ch 11.
Due to changes in BK laws with respect to maintaining/losing control of the company, they'll likely do anything they can to avoid Ch 11.

Parker has a lot of personal wealth to lose if AAG goes the ch11 route. Did I mention he’ll
still be chair of the board after he steps down as CEO??

Al Czervik 02-09-2022 02:11 PM

Bankruptcy
 

Originally Posted by AAL24 (Post 3369570)
Not entirely. We just pushed back 787-9 deliveries.


We get 13 787-800’s this year then the 787-900 deliveries start fall of 23.

Andy 02-09-2022 02:28 PM


Originally Posted by sanicom3205 (Post 3369625)
Parker has a lot of personal wealth to lose if AAG goes the ch11 route. Did I mention he’ll
still be chair of the board after he steps down as CEO??

I'm sure American can find additional credit if needed, but it looks like Covid restrictions are getting lifted in most of the world so it should be a very profitable summer.

daOldMan 02-09-2022 03:08 PM


Originally Posted by AAL24 (Post 3369570)
Not entirely. We just pushed back 787-9 deliveries.

Listen to Chip's latest PTT. We are taking delivery of 10 787's this year, starting in April.

Excargodog 02-09-2022 03:16 PM


Originally Posted by daOldMan (Post 3369710)
Listen to Chip's latest PTT. We are taking delivery of 10 787's this year, starting in April.


Feb 8 (Reuters) - Boeing Co (BA.N) said on Tuesday it delivered 32 aircraft in January as its sidelined 787 Dreamliner program continued to weigh on the planemaker's ability to capitalize on a recovery in air travel.

The company handed over 27 737 MAX jets in January and three widebody aircraft, including a 777 freighter, Boeing said in its closely watched monthly report.

Of the 27 MAX deliveries, seven were to Irish budget carrier Ryanair (RYA.I), while China Eastern Airlines (600115.SS) took delivery of one 777 freighter.
=13pxBoeing=13px handed over=13px 38 jets in December and 34 in November.
The fewer January deliveries reflect a seasonal dip. Boeing delivered 26 aircraft in the same period a year ago. read more

The 737 MAX and the 787 Dreamliner are crucial to Boeing's ability to recover from the pandemic and catch up with Airbus (AIR.PA), having lost out on the delivery race to its European rival for the third consecutive year. read more

After slashing production mainly due to the pandemic, planemakers are seeing more demand for medium-haul passenger jets and freighters, and are rushing to ramp up production.

However, snags in Dreamliner production have proved costly for Boeing, with the company incurring $4.5 billion in charges in the fourth quarter and paying customers penalties for pushing back deliveries. read more

https://www.reuters.com/business/aer...gh-2022-02-08/

daOldMan 02-09-2022 03:19 PM


Originally Posted by Excargodog (Post 3369715)

And?

Technical services have started preparing for delivery of the aircraft that have been approved by the FAA in partnership with Boeing and Tulsa. Chip already announced it as well.

AAL24 02-09-2022 03:31 PM


Originally Posted by daOldMan (Post 3369710)
Listen to Chip's latest PTT. We are taking delivery of 10 787's this year, starting in April.

correct. And we delayed delivery of 787-9s. We are taking the remainder of the -8 order and delaying the 9s for several years.

Al Czervik 02-09-2022 04:55 PM

Bankruptcy
 

Originally Posted by AAL24 (Post 3369728)
correct. And we delayed delivery of 787-9s. We are taking the remainder of the -8 order and delaying the 9s for several years.


The 787-900 deliveries start next year.
They were supposed to start deliveries early 23. Now they start late 23.

ElCaribe 02-09-2022 06:01 PM


Originally Posted by Excargodog (Post 3369532)
You are conveniently avoiding answering the question or dealing with the real issue, which was fleet efficiency. The posting touted narrowbody fleet efficiency, and while I will concede you aren’t in any way responsible for Boeings 737 and 787 problems, that is currently a side issue.

Right now F9 has over 70% NEOs:

https://i.ibb.co/9rHSzfb/15-A615-DB-...7-B41-E5-E.jpghtt

Spirit had these numbers as of Sep 2021 and has added NEOs since and will add 24 more this year.


https://i.ibb.co/XVwgNJ3/AF429311-F9...2726-CA8-D.jpg


As NK retires 319s and adds 320/321 NEOs their percentage of newer and more fuel efficient aircraft will continue to rise.


The original assertion was that AA had a newer and more fuel efficient NB fleet than anybody else. That statement is demonstrably not true. I NEVER MADE the straw man argument that AA “doesn’t or won’t have a fuel efficient fleet,” merely that their were others with newer and more fuel efficient fleets. AA holds no real advantage over others in this regard.

Impressive! But who will fly them?


All times are GMT -8. The time now is 03:55 AM.


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands