Is This Place on the Verge of Imploding?
01-21-2022, 04:26 AM
#42
That/It/Thang
Joined APC: Aug 2020
Posts: 2,848
Originally Posted by Aero1900
I've long believed that AA will go thru bankruptcy.
Labor groups will take substantial pay cuts. again.
Labor groups will take substantial pay cuts. again.
At that point, where are pilots going to go once the mass hiring need slows down? Nowhere.
01-21-2022, 04:55 AM
#43
Line Holder
Joined APC: Apr 2015
Position: CE-680
Posts: 57
Originally Posted by Aero1900
This thread is awesome.
The question asked was is Frontier imploding and the answer is; no, American is. Which is true. Frontier has all sorts of problems, but 50 Billion in debt ain't one.
The question asked was is Frontier imploding and the answer is; no, American is. Which is true. Frontier has all sorts of problems, but 50 Billion in debt ain't one.
01-21-2022, 05:56 AM
#44
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,397
Originally Posted by planedriver1911
And to think I almost didn’t take a look at the forums this morning. 🤣 Made me laugh out loud in my hotel room. Thanks for the pick me up to get going today! There are so many bone head comments nowadays on these forums that I don’t stop by much anymore but this gives me hope. 😎
I'm not wrong, but glad I made your day brighter. AA is in a financial disaster situation. They've got over $50 Billion dollars of debt to service and interest rates are going to rise dramatically in the near future. Oh, and they are bleeding over $10 Million dollars a day on top of that.
Those debt payments are going to get harder and harder to pay as interest rates rise. But a quick trip thru Chapter 11 will help wipe some of that out... along with the labor contracts. You know, the same page we've read before.
01-21-2022, 06:00 AM
#45
Gets Weekends Off
Joined APC: Dec 2021
Posts: 524
Originally Posted by Aero1900
Happy to be of service.
I'm not wrong, but glad I made your day brighter. AA is in a financial disaster situation. They've got over $50 Billion dollars of debt to service and interest rates are going to rise dramatically in the near future. Oh, and they are bleeding over $10 Million dollars a day on top of that.
Those debt payments are going to get harder and harder to pay as interest rates rise. But a quick trip thru Chapter 11 will help wipe some of that out... along with the labor contracts. You know, the same page we've read before.
I'm not wrong, but glad I made your day brighter. AA is in a financial disaster situation. They've got over $50 Billion dollars of debt to service and interest rates are going to rise dramatically in the near future. Oh, and they are bleeding over $10 Million dollars a day on top of that.
Those debt payments are going to get harder and harder to pay as interest rates rise. But a quick trip thru Chapter 11 will help wipe some of that out... along with the labor contracts. You know, the same page we've read before.
01-21-2022, 06:22 AM
#46
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,574
Originally Posted by DumboDrop
What may be interesting is how much they can take from the pilots and still be able to fill spots. If they have to file during a hiring boom, they may have problems cutting too deep.
01-21-2022, 06:30 AM
#47
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,734
Originally Posted by Excargodog
Not if the price of crude rockets above $100 a barrel they might not . It’s affected by inflation too:
01-21-2022, 06:32 AM
#48
Line Holder
Joined APC: Apr 2015
Position: CE-680
Posts: 57
Originally Posted by Aero1900
Happy to be of service.
I'm not wrong, but glad I made your day brighter. AA is in a financial disaster situation. They've got over $50 Billion dollars of debt to service and interest rates are going to rise dramatically in the near future. Oh, and they are bleeding over $10 Million dollars a day on top of that.
Those debt payments are going to get harder and harder to pay as interest rates rise. But a quick trip thru Chapter 11 will help wipe some of that out... along with the labor contracts. You know, the same page we've read before.
I'm not wrong, but glad I made your day brighter. AA is in a financial disaster situation. They've got over $50 Billion dollars of debt to service and interest rates are going to rise dramatically in the near future. Oh, and they are bleeding over $10 Million dollars a day on top of that.
Those debt payments are going to get harder and harder to pay as interest rates rise. But a quick trip thru Chapter 11 will help wipe some of that out... along with the labor contracts. You know, the same page we've read before.
01-21-2022, 06:37 AM
#49
Gets Weekends Off
Joined APC: Sep 2019
Posts: 127
Originally Posted by Aero1900
Happy to be of service.
I'm not wrong, but glad I made your day brighter. AA is in a financial disaster situation. They've got over $50 Billion dollars of debt to service and interest rates are going to rise dramatically in the near future. Oh, and they are bleeding over $10 Million dollars a day on top of that.
Those debt payments are going to get harder and harder to pay as interest rates rise. But a quick trip thru Chapter 11 will help wipe some of that out... along with the labor contracts. You know, the same page we've read before.
I'm not wrong, but glad I made your day brighter. AA is in a financial disaster situation. They've got over $50 Billion dollars of debt to service and interest rates are going to rise dramatically in the near future. Oh, and they are bleeding over $10 Million dollars a day on top of that.
Those debt payments are going to get harder and harder to pay as interest rates rise. But a quick trip thru Chapter 11 will help wipe some of that out... along with the labor contracts. You know, the same page we've read before.
imho
01-21-2022, 06:45 AM
#50
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,734
Originally Posted by Fifi
Perhaps Aero…..but at least they don’t have a collective nemesis in their own CPO/flights Ops Mgt……..and in APA a union that actually defends its pilots………those are very big deals as more and more F9 pilots will find out over the next 24 months in the upswing to the next contract trench warfare…..
imho
imho
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