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Old 04-23-2022 | 07:19 AM
  #31  
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Originally Posted by Margaritaville
Are you serious? Look at the debt of Delta and United vs American. What a dumb retort.

American is like opening new credit cards to pay off the old maxed out ones then bragging how much debt you paid off.

It's like being half a million dollars in debt and making $100K a year.
Serious question, if you were a CEO of a Major airline, would you try to get the debt to zero? Why or why not?
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Old 04-23-2022 | 07:23 AM
  #32  
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Originally Posted by El Peso
Serious question, if you were a CEO of a Major airline, would you try to get the debt to zero? Why or why not?
Of course not. But $46 Billion "just might" be a "bit" on the high side. Ya think?
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Old 04-23-2022 | 07:24 AM
  #33  
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Originally Posted by PSU Flyer
Why are they called jetways or jet bridges?
"Jetway" is actually a brand name.... kind of like "Kleenex" or "Google" or "Xerox" have both become generic terms to describe something despite also being brand names.
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Old 04-23-2022 | 07:35 AM
  #34  
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Originally Posted by Al Czervik
Copied from elsewhere (AA)

On Debt: it is significant that the company has paid off approx 4.1B in debt since the high water mark of July 2021. They are right on track to pay off their planned in 15+B debt by 2025 even by conservative estimates on free cash flow and capex. Considering the difficulty of the environment over the last year, they have done the hardest work first.
What free cash flow? They’ve had negative cash flow 7 out of the last 10 years, including 2019, the busiest travel year of all time.
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Old 04-23-2022 | 07:40 AM
  #35  
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Originally Posted by Margaritaville
What about the remaining $30 Billion?

AA would be at the same ballpark debt level as DL/UAL. I imagine some debt will always be on the books. I know debt reduction was number one goal before the pandemic. Looks like they’re making good on that.
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Old 04-23-2022 | 07:47 AM
  #36  
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Originally Posted by JulesWinfield
What free cash flow? They’ve had negative cash flow 7 out of the last 10 years, including 2019, the busiest travel year of all time.
Wait what? Lol want to show your work here?


American Airlines Group Annual EPS
2021 $-3.09
2020 $-18.36
2019 $3.79
2018 $3.03
2017 $2.61
2016 $4.65
2015 $11.07
2014 $3.93
2013 $-6.54
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Old 04-23-2022 | 07:49 AM
  #37  
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AA took a gamble with all time low interest rates to re-fleet in a short time period vs more gradually. Covid ruined that but now they have the most simplified and fuel efficient fleet. I’m sure once Delta and United are done bringing in their new aircraft the debt levels will be more even. I don’t know why it matters to the APC crowd so much, I don’t invest my money into airlines. I just work here man.
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Old 04-23-2022 | 07:50 AM
  #38  
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Originally Posted by El Peso
Wait what? Lol want to show your work here?
He is correct about free cash flow which is not the same as profit.
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Old 04-23-2022 | 07:51 AM
  #39  
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Originally Posted by Margaritaville
Are you serious? Look at the debt of Delta and United vs American. What a dumb retort.

American is like opening new credit cards to pay off the old maxed out ones then bragging how much debt you paid off.

It's like being half a million dollars in debt and making $100K a year.


Looks like currently AA/UAL have about the same debt since that 4.1b was paid off from these 9/21 numbers.

If the forecast I posted continues on path that will put AA at 30b debt in 2025. That would below DL/UAL’s debt levels. Though, I assume they plan on paying down debt as well.
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Old 04-23-2022 | 08:02 AM
  #40  
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Don't want to get into a big thing here Al, but here's a list from 2019. Maybe more telling of the long term financial management since it excludes covid.

https://www.statista.com/statistics/...ps-us-covid19/
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