If you're so sure AA is going under, show us your short position.
That said, I agree it looks terrible. AA can't even get 10 flights cancelled in the time it took Delta to drop 70% of their seats from the market. AA is taking great care of their mainline employees, but they're hanging everyone at the subsidiaries out to dry bad. We're all just flying empty jets around waiting for the shoe to drop... or to get sick and lose our medicals.
If you haven't looked at FM1 lately, if you end up going to the hospital you'll need to go convince a doctor (who is probably going to be panicking about the fact that you had coronavirus) to sign paperwork certifying you are fit to return to duty before you can come back off unpaid medical leave. There is no "self-clearing sick" after a hospitalization. [MOD EDIT]