Does AA liquidate one WO
08-01-2020, 11:28 AM
#291
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Joined APC: Dec 2016
Posts: 125
Originally Posted by terks43
He didn’t single out PSA.........
Thats probably in response to the poster going on the PSA Board and starting a new thread titled “PSA Shutdown?” I’d say that kind of constitutes singling out since there isn’t a similar thread on the other 2 WO’s boards.
08-01-2020, 12:11 PM
#292
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Joined APC: Sep 2016
Posts: 774
Originally Posted by threeighteen
I'll agree it wasn't the plan, but they made it work and it ended up working extremely well for them.
Buying another regional from AA (or another major) to provide that major with short term liquidity may not make sense financially for OO short term, but could help secure lucrative long term contracts. It's all about the long-game.
We'll see.
Buying another regional from AA (or another major) to provide that major with short term liquidity may not make sense financially for OO short term, but could help secure lucrative long term contracts. It's all about the long-game.
We'll see.
In the past, liquidity provides time for a company to get its cost below its revenue and back in the black.
AA would burn through every penny Skywest could give them in 15-25 days.
Last edited by Happyflyer; 08-01-2020 at 12:21 PM.
08-02-2020, 08:39 PM
#293
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Joined APC: Dec 2010
Posts: 3,099
Originally Posted by Happyflyer
Skywest has .5B in liquidity 3B in debt, and is now negative cash flow by .1B per year, maybe more.
In the past, liquidity provides time for a company to get its cost below its revenue and back in the black.
AA would burn through every penny Skywest could give them in 15-25 days.
In the past, liquidity provides time for a company to get its cost below its revenue and back in the black.
AA would burn through every penny Skywest could give them in 15-25 days.
08-03-2020, 02:05 AM
#295
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Joined APC: Jul 2017
Position: CRJ9 CA
Posts: 4,083
Originally Posted by Av8rPHX
AA could ship the piedmont birds to envoy,make PDT the regional ground handling arm of Eagle and then DGS them if they really wanted to
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08-03-2020, 11:01 AM
#297
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Joined APC: May 2020
Posts: 484
Originally Posted by ZeroTT
he’s not saying go away. Spin them off to raise cash
It cost money to move those planes back. They gotta he recheck by MX, pilots would have to be hired, and changes made with the FAA. All of that cost money and they don’t want more capex spending/
08-03-2020, 11:15 AM
#298
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Joined APC: May 2017
Posts: 2,012
Originally Posted by Downtime
It cost money to move those planes back. They gotta he recheck by MX, pilots would have to be hired, and changes made with the FAA. All of that cost money and they don’t want more capex spending/
08-03-2020, 12:23 PM
#299
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Joined APC: Apr 2020
Position: AOG
Posts: 744
Originally Posted by ZeroTT
that assumes envoy instantly picks up all the piedmont load. You could just mothball piedmont’s airplanes, spread the load to wo/ffd/mainline (plenty of capacity) and spin envoy back up when demand returns
08-03-2020, 01:12 PM
#300
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Joined APC: Dec 2017
Posts: 658
Originally Posted by ClappedOut145
Envoy loves clapped out 145’s. We could bring our birds home and give them love. Maybe bring our stolen CRJ’s home too while we are at it. At least one of them so that the Commander has his beloved bird back.
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