Does AA liquidate one WO
05-16-2020 | 06:10 AM
#171
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Chapter 11 doesn’t scare me. Even if that means selling off the wholly owneds to a different holding company...
What scares me is if AA goes away completely. I know that major US cities will still need lift. But I also know that the market can easily shed an airline and not miss a beat. Even one the size of AA...
What scares me is if AA goes away completely. I know that major US cities will still need lift. But I also know that the market can easily shed an airline and not miss a beat. Even one the size of AA...
I dont however think AA is going anywhere, most certainly into Chapter 11, but not going away completely.
05-16-2020 | 07:25 AM
#172
Prime Minister/Moderator
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From: Engines Turn or People Swim
Depends on speed of recovery plus the federal aid wildcard... it would be hard for the fed to aid the industry while allowing any of the big three to fail completely. And the fed may need to further aid the industry.
05-16-2020 | 02:57 PM
#175
Line Holder
Joined: Mar 2014
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It's a possibility, but not a foregone conclusion. Most independent analysts consider AA the prime candidate for Ch.11 and potentially Ch.7.
Depends on speed of recovery plus the federal aid wildcard... it would be hard for the fed to aid the industry while allowing any of the big three to fail completely. And the fed may need to further aid the industry.
Depends on speed of recovery plus the federal aid wildcard... it would be hard for the fed to aid the industry while allowing any of the big three to fail completely. And the fed may need to further aid the industry.
Decent amount of cash on hand and debt doesn’t kick in until ‘22. Why is it always assumed that we are the dog that needs to be put down?
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05-17-2020 | 03:55 AM
#176
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From: CRJ FO
05-17-2020 | 06:23 AM
#177
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From: Engines Turn or People Swim
The debt schedule could be a big factor, as opposed to the total debt vs. assets.
05-17-2020 | 03:48 PM
#178
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The BIG issue is resumption of demand. If it stays below x% for y months, everyone goes chapter 11. If it gets above a% before b more months, back to business as usual. In between, some will live, some will die.
05-17-2020 | 06:25 PM
#179
Eating A Gruben
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UAL and DAL are in worse shape than AAL. You seem to suggest that it’s not a foregone conclusion AA is going under, but that it’s likely. Laughable to talk about AAL like that and not the others (like the company where you work with the most wide body and Asia flying... might not concern the analysts who have no idea how this industry operates, but it should be on your radar)
05-17-2020 | 06:31 PM
#180
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UAL and DAL are in worse shape than AAL. You seem to suggest that it’s not a foregone conclusion AA is going under, but that it’s likely. Laughable to talk about AAL like that and not the others (like the company where you work with the most wide body and Asia flying, chief.). I know it’s easier and more fun to poke someone else’s eye than your own eye, but your the head honcho here. Aren’t you supposed to be a little more level headed than the average jabroni?
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