AA gov aid to exceed its capitalization
04-14-2020, 08:33 AM
#1
Perennial Reserve
Thread Starter
Joined APC: Jan 2018
Posts: 11,501
AA gov aid to exceed its capitalization
https://www.reuters.com/article/us-h...-idUSKCN21V1VO
That - with their huge preexisting debt - is a huge hole to climb out of.
Does that make the flow programs worthless?
That - with their huge preexisting debt - is a huge hole to climb out of.
Does that make the flow programs worthless?
04-14-2020, 09:08 AM
#2
Gets Weekends Off
Joined APC: Mar 2017
Posts: 3,656
Originally Posted by Excargodog
https://www.reuters.com/article/us-h...-idUSKCN21V1VO
That - with their huge preexisting debt - is a huge hole to climb out of.
Does that make the flow programs worthless?
That - with their huge preexisting debt - is a huge hole to climb out of.
Does that make the flow programs worthless?
04-14-2020, 09:13 AM
#4
Gets Weekends Off
Joined APC: Apr 2019
Posts: 537
Originally Posted by Excargodog
https://www.reuters.com/article/us-h...-idUSKCN21V1VO
That - with their huge preexisting debt - is a huge hole to climb out of.
Does that make the flow programs worthless?
That - with their huge preexisting debt - is a huge hole to climb out of.
Does that make the flow programs worthless?
They had a ton of debt before this. Not sure what you're trying to say.
04-14-2020, 09:22 AM
#7
Gets Weekends Off
Joined APC: Nov 2019
Posts: 1,256
has nothing to do with flow. the only thing flow is directly impacted by is lack of hiring. which can be impacted by mainline furloughs.
now, if traffic counts do not return, I can see big AA saying sending half-empty 320s to OKC or ICT are not profitable, lets use our regional flights. rinse, repeat, nationwide.
some argument exists that this pandemic will further secure the regional airlines and the ULCC/LCC's. the only issue would be range, aka JFK to LAX stuff.
if Big-3/etc. do not hire for 3-5 years, or more, the regionals may become a final-stop career destination potentially. the new normal may be RJ Captain 100k a year, and travel benefits for the family = be happy clap your hands.
my opinion
now, if traffic counts do not return, I can see big AA saying sending half-empty 320s to OKC or ICT are not profitable, lets use our regional flights. rinse, repeat, nationwide.
some argument exists that this pandemic will further secure the regional airlines and the ULCC/LCC's. the only issue would be range, aka JFK to LAX stuff.
if Big-3/etc. do not hire for 3-5 years, or more, the regionals may become a final-stop career destination potentially. the new normal may be RJ Captain 100k a year, and travel benefits for the family = be happy clap your hands.
my opinion
04-15-2020, 03:13 AM
#10
Gets Weekends Off
Joined APC: Mar 2014
Posts: 774
Originally Posted by SoFloFlyer
Are RJs really not that profitable?
Thread
Thread Starter
Forum
Replies
Last Post
