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Old 07-26-2023 | 06:29 AM
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LOL at this thread. I don't know who El Peso is but he's an angry fella.

AA is fine right now because we are making money (like everyone else). But we still have a ton of debt and are less profitable than the other airlines. Hopefully things stay good for a while so I can get some numbers beneath me!

And it certainly does seem like AA is focused mainly on domestic flying. For better or for worse, don't come here if international destinations in East Europe and deep Asia are your thing. Go to United.
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Old 07-26-2023 | 08:11 AM
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Didn’t the credit rating agencies raise the rating of AA credit risk by two steps in the last few weeks?
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Old 07-26-2023 | 09:56 AM
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Originally Posted by TransWorld
Didn’t the credit rating agencies raise the rating of AA credit risk by two steps in the last few weeks?
something like that, yeah
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Old 07-26-2023 | 06:47 PM
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Originally Posted by TransWorld
Didn’t the credit rating agencies raise the rating of AA credit risk by two steps in the last few weeks?
yes they did
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Old 07-26-2023 | 09:14 PM
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Originally Posted by hercretired
yes they did
I believe they are out of junk bond territory. Still not high quality investment. In that in between land.
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Old 07-27-2023 | 06:02 PM
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Originally Posted by TransWorld
I believe they are out of junk bond territory. Still not high quality investment. In that in between land.
They call it the "taint"
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Old 07-27-2023 | 06:45 PM
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https://www.fitchratings.com/researc...ble-19-07-2023

American B+ Stable, up from B-
United B+
Delta BB+
Southwest BBB+

None are Investment “A” Grades
All are stable with improvements in the future.
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Old 07-27-2023 | 07:10 PM
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Originally Posted by TransWorld
https://www.fitchratings.com/researc...ble-19-07-2023

American B+ Stable, up from B-
United B+
Delta BB+
Southwest BBB+

None are Investment “A” Grades
All are stable with improvements in the future.
United is taking on heavy debt with their massive fleet replacement and fleet growth. While Delta and American are focusing on paying off their debt. United is taking on something in the ballpark of 50 Billion by the end of the decade.

I don’t care how much SK tries to spin it. Sure SK claims he got a sweet deal and paid for half the orders in cash. But hear me out, how does an airline with north of 30 Billion in debt pay half of a 737 order off? By taking on more debt!! But yeah sure they paid half of it in “cash”. Every airline has loads of cash on deck, doesn’t play any part in not taking on more overall debt.
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Old 07-28-2023 | 08:37 AM
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Originally Posted by LAXtoDEN
United is taking on heavy debt with their massive fleet replacement and fleet growth. While Delta and American are focusing on paying off their debt. United is taking on something in the ballpark of 50 Billion by the end of the decade.

I don’t care how much SK tries to spin it. Sure SK claims he got a sweet deal and paid for half the orders in cash. But hear me out, how does an airline with north of 30 Billion in debt pay half of a 737 order off? By taking on more debt!! But yeah sure they paid half of it in “cash”. Every airline has loads of cash on deck, doesn’t play any part in not taking on more overall debt.
Well the obvious answer is that with more airplanes comes more revenue. And that also helps offset debt.
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Old 07-28-2023 | 08:42 AM
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Originally Posted by chrisreedrules
Well the obvious answer is that with more airplanes comes more revenue. And that also helps offset debt.
That’s brilliant.

Straight CFO/CEO material.
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