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Old 07-04-2018, 05:21 AM
  #2321  
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Originally Posted by MantisToboggan View Post
Gonna start with this one because it made me laugh the most. He made money because he's sucking the place dry. Buy AA stock and put your money where your mouth is. I sold mine.



No. It's not. It's because rather than pay off debt, AA has bought back it's own stock.

Airlines with the newest fleet:
1.) Spirit
2.) Frontier
3.) Alaska
4.) JetBlue
5.) Hawaiian
6.) American

Wonder who among that list has the most debt? Take a wild guess, and then tell me that fleet modernization has anything to do with American and it's debt problem.
I feel like the fleet modernization program at American Airlines is magnitudes larger than any of those other airlines you listed relative to fleet size. It’s not surprising to me that AA had more debt due to the scale of the modernization and the stock buyback. Neither to me are indicative of a problem long term though. It may be cheaper to have the debt than it is to buy back equity at this point.

Either way this is leagues above my background but I wouldn’t say the ship is exactly on fire here...

Last edited by Newstick189; 07-04-2018 at 05:36 AM.
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Old 07-04-2018, 05:51 AM
  #2322  
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Originally Posted by Newstick189 View Post
I feel like the fleet modernization program at American Airlines is magnitudes larger than any of those other airlines you listed relative to fleet size. It’s not surprising to me that AA had more debt due to the scale of the modernization and the stock buyback. Neither to me are indicative of a problem long term though. It may be cheaper to have the debt than it is to buy back equity at this point.

Either way this is leagues above my background but I wouldn’t say the ship is exactly on fire here...
How dare you say the world isn’t ending. Only doom and gloom is allowed.
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Old 07-04-2018, 07:27 AM
  #2323  
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Originally Posted by skytrails View Post
How dare you say the world isn’t ending. Only doom and gloom is allowed.
There is a chief pilot position open in Charlotte I think you’d be a great candidate for it.
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Old 07-04-2018, 09:12 AM
  #2324  
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Originally Posted by Lahey View Post
There is a chief pilot position open in Charlotte I think you’d be a great candidate for it.
No we will just hire another cp that has never flown the line here or isn't medically qualified to be a pilot here..
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Old 07-04-2018, 10:31 AM
  #2325  
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Originally Posted by MKUltra View Post
No we will just hire another cp that has never flown the line here or isn't medically qualified to be a pilot here..
I'm making the assumption that he doesn't work here. Just a guy who loves to share his wisdom with the piedmont pilot group.
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Old 07-04-2018, 06:37 PM
  #2326  
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Originally Posted by MKUltra View Post
No we will just hire another cp that has never flown the line here or isn't medically qualified to be a pilot here..
Sad truth. Not a single CP on property can actually relate to the pilot group because NONE of them have or can hop in the 145 and actually fly a revenue leg. Pretty sad state, yet they call themselves “Pilots”.
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Old 07-05-2018, 12:12 AM
  #2327  
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Originally Posted by PDTFlyer View Post
Sad truth. Not a single CP on property can actually relate to the pilot group because NONE of them have or can hop in the 145 and actually fly a revenue leg. Pretty sad state, yet they call themselves “Pilots”.
I heard the feds just recently learnt the fact that no one is qualified. They want some splaining immediately.
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Old 07-05-2018, 06:14 AM
  #2328  
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Originally Posted by Lahey View Post
I'm making the assumption that he doesn't work here. Just a guy who loves to share his wisdom with the piedmont pilot group.
Lahey, they know better than us. Trust them.
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Old 07-05-2018, 08:44 AM
  #2329  
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Originally Posted by MKUltra View Post
I heard the feds just recently learnt the fact that no one is qualified. They want some splaining immediately.
The feds have to sign off on making someone a 119 chief pilot, so thats just complete nonsense.
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Old 07-05-2018, 09:20 AM
  #2330  
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Originally Posted by Wink View Post
The feds have to sign off on making someone a 119 chief pilot, so thats just complete nonsense.
Yup... your right...
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