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
07-23-2022 | 11:24 AM
#981
Line Holder
Joined: Nov 2012
Posts: 307
Likes: 37
From: A330 FO
No worries this time! All kinds of pilot jobs paying 250k first year. Probably get hired the next day at Piedmont.
07-23-2022 | 11:29 AM
#982
In a land of unicorns
Joined: Apr 2014
Posts: 7,070
Likes: 102
From: Whale FO
Huge difference. And current isn't that relevant when they are planning to take 24 new plane deliveries this year. That will eat through a lot of their liquidity. They also need to get their profits up quick before they have to start paying the 11% interest rate notes in a few years.
"Commitments
Significant Indebtedness
As of June 30, 2022, AAG had $36.8 billion in long-term debt."
"Commitments
Significant Indebtedness
As of June 30, 2022, AAG had $36.8 billion in long-term debt."
07-23-2022 | 12:53 PM
#983
Gets Weekends Off
Joined: Mar 2021
Posts: 2,847
Likes: 212
07-23-2022 | 05:10 PM
#984
On Reserve
Joined: Oct 2015
Posts: 103
Likes: 6
No. Just curious if those numbers give anyone pause. I have a class date coming up soon. Also a CJO over at DL but with metering, who knows how long that will take. Currently really senior at a big (biggest?) regional. Its a lot to consider
07-23-2022 | 06:52 PM
#985
Gets Weekends Off
Joined: Dec 2013
Posts: 2,329
Likes: 4
From: A320 CA
07-23-2022 | 08:43 PM
#986
On Reserve
Joined: Oct 2015
Posts: 103
Likes: 6
07-23-2022 | 09:03 PM
#987
Gets Weekends Off
Joined: Oct 2015
Posts: 3,199
Likes: 42
From: Gear slinger
I wouldn’t turn down an AA class date to stay at any regional.
07-23-2022 | 09:20 PM
#988
In a land of unicorns
Joined: Apr 2014
Posts: 7,070
Likes: 102
From: Whale FO
Staying at a regional would be idiotic.
07-23-2022 | 10:21 PM
#989
Gets Weekends Off Rarely
Joined: Feb 2019
Posts: 231
Likes: 8
07-23-2022 | 10:23 PM
#990
Gets Weekends Off Rarely
Joined: Feb 2019
Posts: 231
Likes: 8
Bankruptcy
....We all mostly have PhDs in one thing, flying planes…everything else we try and sound like experts in is pure hobby. Down the road someone is going to post “see see I told you so”, but only bc so much $*** has been thrown against the wall that someone is bound to be right.
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