Eagle Life
#5781
Gets Weekends Off
Joined: Feb 2011
Posts: 820
Likes: 0
I still think AMR will stay alone and code share heavily with JetBlue and Alaska, I just don't see how US Airways will help AMR with NY & LA compared to what they already have. JetBlue cost are on the rise while AMR's are on the decrease, it will be interesting how it all plays out. United and US Airways code share heavily, how does United play in all of this. Delta doesn't want to sit on the sidelines either and AIG already said...wait a minute. Financing won't be an issue since our Brazilian brother are willing to help out! Just like the ERJ deal.
IAG, not AIG...BIG DIFFERENCE
International airline group
Ahole insurance group
#5783
AMR loses $619 million in February - MarketWatch
AMR loses $619 million in February - MarketWatch
NEW YORK (MarketWatch) -- AMR Corp. AAMRQ +2.01% reported a loss of $619 million, or $1.85 a share, for the month of February on operating revenue of $1.81 billion, according to a filing with regulators on Friday. The airline, wihch filed for bankruptcy on Nov. 29, disclosed $24.4 billion in total assets including $40 million in cash, $4.2 billion in restricted cash and short-term investments, and $10.9 billion in flight equipment. The company's accumulated deficit totaled $8.44 billion as of Feb. 29.
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That 4.2 billion is about to be under 3 billion, this is the 3rd month they have posted a huge loss.
AMR loses $619 million in February - MarketWatch
NEW YORK (MarketWatch) -- AMR Corp. AAMRQ +2.01% reported a loss of $619 million, or $1.85 a share, for the month of February on operating revenue of $1.81 billion, according to a filing with regulators on Friday. The airline, wihch filed for bankruptcy on Nov. 29, disclosed $24.4 billion in total assets including $40 million in cash, $4.2 billion in restricted cash and short-term investments, and $10.9 billion in flight equipment. The company's accumulated deficit totaled $8.44 billion as of Feb. 29.
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That 4.2 billion is about to be under 3 billion, this is the 3rd month they have posted a huge loss.
#5786
Gets Weekends Off
Joined: May 2010
Posts: 298
Likes: 0
I doubt even RAH or ExpressJet are interested given the terms AMR is likely to offer. Why spend the money and resources training pilots (that are becoming harder to find) for a very low profit margin temporary contract.
I think AMR would have to promise bigger jets or a longer contract to make it worthwhile for them, that would of course involve retraining at a later date that's more $$$$. Is it really even worth their time to bid?
#5787
Doubtful, Mesa just got rid of their ERJs I highly doubt they'd take on a small fleet of 10 for what'll amount to a low ball short term contract.
I doubt even RAH or ExpressJet are interested given the terms AMR is likely to offer. Why spend the money and resources training pilots (that are becoming harder to find) for a very low profit margin temporary contract.
I think AMR would have to promise bigger jets or a longer contract to make it worthwhile for them, that would of course involve retraining at a later date that's more $$$$. Is it really even worth their time to bid?
I doubt even RAH or ExpressJet are interested given the terms AMR is likely to offer. Why spend the money and resources training pilots (that are becoming harder to find) for a very low profit margin temporary contract.
I think AMR would have to promise bigger jets or a longer contract to make it worthwhile for them, that would of course involve retraining at a later date that's more $$$$. Is it really even worth their time to bid?
#5789
#5790
Banned
Joined: Mar 2009
Posts: 562
Likes: 0
Did you catch the childish email the mec sent out, about recalling the mec. They think by publishing the names of the people leading the recall will make them stop. If anything it boost support for the recall, now we can talk to them and help recall management i mea. The Mec. They even called those pilots insignificant. I have to say, the only people i think are insignificant are the MEC AND NC, as they agree to anything management says.
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