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Originally Posted by dera
(Post 3408937)
They're all the same. Bunch of weirdos, bunch of cool people, bunch of hardcore MIL guys, bunch of former regional dudes and dudettes.
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Easily lose 1000 numbers waiting. Email HR and say you have a Delta offer and want to interview stat for AA. If no joy, go to delta. I work at AA.
The culture here is changing rapidly since we’re retiring so many and post merger guys can upgrade everywhere except Phoenix. |
Originally Posted by AllYourBaseAreB
(Post 3409512)
Easily lose 1000 numbers waiting. Email HR and say you have a Delta offer and want to interview stat for AA. If no joy, go to delta. I work at AA.
The culture here is changing rapidly since we’re retiring so many and post merger guys can upgrade everywhere except Phoenix. American posted a net loss of $1.6 billion in the first quarter on revenue of nearly $8.9 billion That’s another $1.6 billion to add to AAs already $40+ Billion dollar debt load. Right now AA short and long term credit is rated B- in the bond market. Typical junk bond credit - even backed up by assets, commands a premium of over 8% in the market today. What that means is that AA is going to have to generate positive cash flow to pay off that additional debt, but until they do their interest expense for debt service is going to be another $128 million (that is, 8% of $1.6 Billion) ANNUALLY than it would have otherwise been, and it was already approaching $2 billion last year. Basically, that’s going to be $2 Billion annually going out just to service INTEREST EXPENSE on the debt, before you put a dime into actually paying it off. And as time goes by, as you are unable to pay that debt off, you wind up refinancing it AT CURRENT RATES, which are a lot higher than those in effect when the original bonds were sold. AA is right now paying $2 Billion annual interest on about $43 Billion, an average rate of only about 4.5%. Refinancing that at 8% or more (the fed is raising interest rates) is going to be even more painful. Jump to Delta. |
Originally Posted by Propeller
(Post 3409155)
What a tool bag. Poor FO
Ditto. What a complete narcissistic tool. That entire resume rant is a giant eye roll. Can’t imagine his ego fits in the cockpit. Poor FO is right. |
Leave asap
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Originally Posted by Excargodog
(Post 3409944)
Screw it. Just go to Delta. From AAs first quarter earnings report:
. That’s another $1.6 billion to add to AAs already $40+ Billion dollar debt load. Right now AA short and long term credit is rated B- in the bond market. Typical junk bond credit - even backed up by assets, commands a premium of over 8% in the market today. What that means is that AA is going to have to generate positive cash flow to pay off that additional debt, but until they do their interest expense for debt service is going to be another $128 million (that is, 8% of $1.6 Billion) ANNUALLY than it would have otherwise been, and it was already approaching $2 billion last year. Basically, that’s going to be $2 Billion annually going out just to service INTEREST EXPENSE on the debt, before you put a dime into actually paying it off. And as time goes by, as you are unable to pay that debt off, you wind up refinancing it AT CURRENT RATES, which are a lot higher than those in effect when the original bonds were sold. AA is right now paying $2 Billion annual interest on about $43 Billion, an average rate of only about 4.5%. Refinancing that at 8% or more (the fed is raising interest rates) is going to be even more painful. Jump to Delta. |
Originally Posted by BigZ
(Post 3410029)
As previously discussed, getting a life might resolve some of your issues. Getting a hobby would be a good start.
Do you even know how to read an annual report? https://i.ibb.co/q9LLRG6/A1-F15871-9...715-EA1-C0.jpg I don’t put these out, AAL does: https://s21.q4cdn.com/616071541/file...Financials.pdf |
Should I stay or should I go?
Originally Posted by Excargodog
(Post 3410039)
Unable to refute a single word, “BigZ” goes for the ad hominem attack.
Do you even know how to read an annual report? https://i.ibb.co/q9LLRG6/A1-F15871-9...715-EA1-C0.jpg I don’t put these out, AAL does: https://s21.q4cdn.com/616071541/file...Financials.pdf Still gonna need pilots. Ok so no new contract? Sucks . Whatever then. Hope the OP remembers to cry while sitting reserve or driving to work in base. Leverage the hell out of a CJO for AA early and try to get to United, or just chill at AA. Live life happily. Sent from my iPhone using Tapatalk |
Originally Posted by Inclined plane
(Post 3410051)
Still gonna need pilots. Ok so no new contract? Sucks . Whatever then. Hope the OP remembers to cry while sitting reserve or driving to work in base. Leverage the hell out of a CJO for AA early and try to get to United, or just chill at AA. Live life happily.
Sent from my iPhone using Tapatalk https://i.ibb.co/sgzFwSq/CB5-ADEC3-4...-EAB0047-A.jpg https://i.ibb.co/hYhC3B4/C1409109-B5...0-BEC74-E3.jpg |
Originally Posted by Excargodog
(Post 3409944)
Screw it. Just go to Delta. From AAs first quarter earnings report:
. That’s another $1.6 billion to add to AAs already $40+ Billion dollar debt load. Right now AA short and long term credit is rated B- in the bond market. Typical junk bond credit - even backed up by assets, commands a premium of over 8% in the market today. What that means is that AA is going to have to generate positive cash flow to pay off that additional debt, but until they do their interest expense for debt service is going to be another $128 million (that is, 8% of $1.6 Billion) ANNUALLY than it would have otherwise been, and it was already approaching $2 billion last year. Basically, that’s going to be $2 Billion annually going out just to service INTEREST EXPENSE on the debt, before you put a dime into actually paying it off. And as time goes by, as you are unable to pay that debt off, you wind up refinancing it AT CURRENT RATES, which are a lot higher than those in effect when the original bonds were sold. AA is right now paying $2 Billion annual interest on about $43 Billion, an average rate of only about 4.5%. Refinancing that at 8% or more (the fed is raising interest rates) is going to be even more painful. Jump to Delta. |
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