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Old 04-14-2020 | 05:13 AM
  #71  
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Originally Posted by Slow2Final
The mental gymnastics you go through to always be right are insane.

had this same thing typed up...likes to hear himself talk.
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Old 04-14-2020 | 05:27 AM
  #72  
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Originally Posted by THKooj
Wrong. This is akin to a natural disaster or force of nature. You can't PREDICT that. AA has a temp freeze on hiring so during that time and that time alone, the flow is paused. Simple as that.
You made that prediction AFTER COVID19 had started. I believe it was even after UA stopped hiring. You said you had inside info.
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Old 04-14-2020 | 05:57 AM
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Originally Posted by But seriously
You made that prediction AFTER COVID19 had started. I believe it was even after UA stopped hiring. You said you had inside info.
But THKooj couldn't PREDICT it! Still right!
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Old 04-14-2020 | 06:54 AM
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There will be a 30% contraction across the board in the fall. And some airlines are likely to not even take the grants/loans from the Federal government and will likely begin furloughing and cutting before the fall. There will be more contraction in 2021 if demand doesn’t begin to show signs of returning. AA is at serious risk of declaring bankruptcy. In fact, I wouldn’t be surprised if some of their debt might not already be considered in default and they probably have people working on preliminary filings. I’m not being alarmist. I spoke with a senior hedge fund manager who knows quite a bit about the airline industry. AA is in for a very rough 5-10 years. Even if they declared and liquidated to pay debt they would be over $15B short on their obligations.

Anyone hitching their wagon to the AA Star may want to rethink that strategy. Flow is meaningless at this point. Let’s hope that they don’t come seeking pay cuts that are severely deep and other concessions that will set us all back many years. Get used to living on 75 hour (or hell maybe even 65 hour) min guarantee and at a 20-30% pay cut.

When hiring resumes it likely won’t be for at least 2-3 years and it won’t be at the legacies. If you want to sit and hope feel free. I’m preparing my exit.
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Old 04-14-2020 | 07:00 AM
  #75  
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Originally Posted by chrisreedrules
There will be a 30% contraction across the board in the fall. And some airlines are likely to not even take the grants/loans from the Federal government and will likely begin furloughing and cutting before the fall. There will be more contraction in 2021 if demand doesn’t begin to show signs of returning. AA is at serious risk of declaring bankruptcy. In fact, I wouldn’t be surprised if some of their debt might not already be considered in default and they probably have people working on preliminary filings. I’m not being alarmist. I spoke with a senior hedge fund manager who knows quite a bit about the airline industry. AA is in for a very rough 5-10 years. Even if they declared and liquidated to pay debt they would be over $15B short on their obligations.

Anyone hitching their wagon to the AA Star may want to rethink that strategy. Flow is meaningless at this point. Let’s hope that they don’t come seeking pay cuts that are severely deep and other concessions that will set us all back many years. Get used to living on 75 hour (or hell maybe even 65 hour) min guarantee and at a 20-30% pay cut.

When hiring resumes it likely won’t be for at least 2-3 years and it won’t be at the legacies. If you want to sit and hope feel free. I’m preparing my exit.
What's meaningless here is your opining about something that you know nothing about. Nor does your "hedge fund friend." And by the way, if things are so dire, where do you plan to exit to? Delta?
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Old 04-14-2020 | 07:18 AM
  #76  
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Originally Posted by THKooj
What's meaningless here is your opining about something that you know nothing about. Nor does your "hedge fund friend." And by the way, if things are so dire, where do you plan to exit to? Delta?
I know much more than you do there bud. I do a lot outside of the flight deck in aviation. Keep being a weirdo on here all you want. You just look silly to everyone. My exit plans likely won’t involve a legacy in the near future. But they certainly won’t involve AA.
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Old 04-14-2020 | 07:21 AM
  #77  
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Hedge fund managers get beat by a monkey throwing darts at a board picking stocks so I don't really care what he has to say.
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Old 04-14-2020 | 07:23 AM
  #78  
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Originally Posted by THKooj
What's meaningless here is your opining about something that you know nothing about. Nor does your "hedge fund friend." And by the way, if things are so dire, where do you plan to exit to? Delta?
Says the pot calling the kettle black.

Pack it in and go back to playing soldier wanna be. No one wants you here. Or anywhere else really.
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Old 04-14-2020 | 07:30 AM
  #79  
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Originally Posted by Lahey
no, no you’re not. you’re actually at envoy, which, believe it or not, isn’t AA.
This. As someone who spent the better part of a decade dodging vindictive management at American eagle (Envoy), and did finally flow, I can 100% say you are not "AA" while at envoy. It doesn't matter how bad you want it to be true.
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Old 04-14-2020 | 10:41 AM
  #80  
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Originally Posted by Ready2board
This. As someone who spent the better part of a decade dodging vindictive management at American eagle (Envoy), and did finally flow, I can 100% say you are not "AA" while at envoy. It doesn't matter how bad you want it to be true.
Other than a few former cadets trying to prop up their social media presence, the only one that seems to think, or at least say, Envoy = AA is THKooj. Why he insists on continuing to preach this inane drivel is something that is only in his delusional mind.
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