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Old 05-09-2020 | 05:13 AM
  #31  
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AA has a frozen pension. The Legacy AA guys hired prior to 9/11 all have one. It is currently a $6 billion liability, I think? Not administered by PBGC like legacy USair pensions.
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Old 05-11-2020 | 03:26 PM
  #32  
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Originally Posted by THEKERNALKLINK
Great info, but not the whole story. Personally, my airline (Southwest) has so much debt that is not on the books now, but they are obligated to pay, and would need to pay in order to keep an operable fleet. This does not take that in to account. I am speaking of new aircraft on order. Our fleet is old! I think we are going to end up a 300-400 aircraft company going forward over the next 10 years, but even at that rate of shrinking, we do have to replace the aging fleet. If for any other reason, is to improve our cost per seat per mile.
This is why I come to APC for info! Awesome!.. Thanks!
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Old 05-11-2020 | 03:32 PM
  #33  
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Originally Posted by dawgdriver
This is why I come to APC for info! Awesome!.. Thanks!

Now that’s funny .
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Old 05-11-2020 | 05:56 PM
  #34  
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Originally Posted by dawgdriver
This is why I come to APC for info! Awesome!.. Thanks!
TBH I don’t think it’s any less accurate than the garbage from the “official” news channels.
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Old 05-12-2020 | 09:33 AM
  #35  
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Originally Posted by ROFF
TBH I don’t think it’s any less accurate than the garbage from the “official” news channels.
Precisely why I rarely pay much attention to them either. Pandering profiteers
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