Should I stay or should I go?
04-18-2022 | 04:48 PM
#12
Perennial Reserve
Joined: Jan 2018
Posts: 14,253
Likes: 257
Do you have the vaguest idea what the interest rate will be on a company rated B- when they have to refinance $46 billion in debt? Even before the Fed started pumping up interest rates AA was paying up to 12% to borrow money. And AApaid $1.8 Billion last year for just interest on their debt - when they had a lot less debt than they do now:
What do you suppose they are going to be paying next year? And the year after?
Now compare their net income - even before the pandemic - to their current debt interest.
So what does THAT tell you?
04-18-2022 | 05:06 PM
#13
Line Holder
Joined: Sep 2019
Posts: 414
Likes: 0
Paying back the money is no longer a “big deal” since the tax situation as far as I know was resolved. Now you pay back whatever you actually got. I would not hang around, you got a winning ticket, go cash it in.
04-19-2022 | 09:22 AM
#14
New Hire
Joined: Nov 2021
Posts: 1
Likes: 0
AA 787 FO here, Living in base and not commuting is HUGE...stay and keep applying to UAL or be a widebody FO in 2 years at AA...totally different part of the airline. That being said, if you want to move to another Delta city....go to Delta.
04-19-2022 | 04:26 PM
#15
Line Holder
Joined: Jan 2014
Posts: 1,550
Likes: 146
04-19-2022 | 06:53 PM
#16
Gets Weekends Off
Joined: Jan 2017
Posts: 2,510
Likes: 0
I think cr700 just created another account because no one believes what he says.
04-19-2022 | 07:22 PM
#18
In a land of unicorns
Joined: Apr 2014
Posts: 7,072
Likes: 102
From: Whale FO
I'd take Delta culture over that "culture" all day long.
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