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
03-08-2022, 09:07 AM
#923
Gets Weekends Off
Joined APC: Aug 2014
Posts: 511
Originally Posted by Texasbound
How about high oil prices? Are you going bankrupt now? 70% of APC has been waiting patiently.
03-08-2022, 03:30 PM
#924
Gets Weekends Off
Joined APC: May 2019
Posts: 987
Originally Posted by Dunkin
It certainly increases the chances, I could see AAL using chapter 11 to restructure the debt and become even more of a domestic/LA centric airline (park the 777s) and maybe even get rid of a hub or two. I don’t think they’d come after pilot wages in the process due to the shortage.
03-08-2022, 08:43 PM
#925
Line Holder
Joined APC: May 2018
Posts: 72
Unfortunately due to being at the edge of stagflation (not hyperinflation just yet) too big to fail free printing will no longer be an option. Once we hit the March 15th FOMC meeting all loans will also not going to be 0%APR. The only way to stay alive is profitability.
03-09-2022, 03:51 AM
#926
Line Holder
Joined APC: Jan 2008
Posts: 89
Originally Posted by Texasbound
How about high oil prices? Are you going bankrupt now? 70% of APC has been waiting patiently.
Could lead to some interesting times
03-09-2022, 08:19 AM
#927
Gets Weekends Off
Joined APC: Jun 2018
Position: 757/767
Posts: 537
Originally Posted by Floyd94
Historically speaking, EVERY 50% rise in crude has led to a recession since the 1970s.
Could lead to some interesting times
Could lead to some interesting times
03-09-2022, 10:07 AM
#929
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,165
Originally Posted by Floyd94
Historically speaking, EVERY 50% rise in crude has led to a recession since the 1970s.
Could lead to some interesting times
Could lead to some interesting times
03-09-2022, 02:13 PM
#930
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,611
Originally Posted by Floyd94
Historically speaking, EVERY 50% rise in crude has led to a recession since the 1970s.
Could lead to some interesting times
Could lead to some interesting times
Originally Posted by Andy
That CNBC factoid is incorrect. Oil prices doubled in 2011 and 2018 without triggering a recession.
for purposes of this thread, that may be a distinction without a meaningful difference.
Recession or not, high fuel costs are a stressor…
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