Didn’t they offer more RLL than normal?

 

Eh I’ve tried that one and it’s okay. I would suggest either FastFingers2000 or GravyTrain5000 it’s definitely worth the extra few bucks.

 

Most companies that go through Chapter 11 do live to tell about it.

 

Which is why I said they will need to file CH11 or they are dead on the vine. The amazing part is people actually still think AA gets on the other side of this without filing Ch11.

 

Can you give me a brief synopsis on why this is a certainty? I can provide you with cash on hand and loan maturation dates if you’d like. If you simply believe that demand will stay flat for another year, then I’ll withdraw, otherwise please show your work.


Sent from my iPad using Tapatalk

 

Sure. I’ll show my work.

Stop being naive and open your eyes. I get you support your airline, great. So I’m not going to get into your interpretation of the numbers vs what most analysts are saying. Besides, this is a Spirit forum and not the AA side.

AA reminds me of that scene in Boyz in da Hood where someone proclaimed what they would do for some “blow or rock”

“You got some PPP, you got some loans, man I’ll suck..”

But since this is a Spirit sub forum I’ll add that I hope AA
doesn’t file Ch11. AA loses money competing with Spirit and you have to subsidize your basic economy and fare matching with business and international, which you no longer have. Filing Ch11 will clean up the books and perhaps allow you to be more competitive in markets vs undercutting at a loss. So yes, I hope you don’t file, however AA is no stranger to the protections available to them.

 

https://ibb.

losing $4.80 per share per quarter and your share price is down to $11.23.

Your total market cap is only $5.7 billion. How long do you Figure that can go on?

 

god dam it you’re right, forgot we were the only airline losing money with a diminishing share price right now.

 

Spirit has $2 billion in long term debt. How much does AA have?

 

Not that the street is always 100% correct, but you don't have to look far to find multiple analysts stating that AA is facing bankruptcy. The most common number that I read is that at $8 billion cash on hand they'll be forced to file. I don't think anyone is wishing such on AA but in a conversation of reality facts must be faced.