Spirt filed for Chapter 11 again
#471
AA is paying down debt faster than scheduled and has 100's of new airplanes on order. I don't think they are interested in the Spirit aircraft because of conversion costs. They passed on the previous aircraft that were sold.
#472
Line Holder
Joined: Oct 2005
Posts: 730
Likes: 58
From: Office Chair
American Airlines requests notices in Spirit bankruptcy proceedings.
https://www.reuters.com/business/ame...gs-2025-12-07/
https://www.reuters.com/business/ame...gs-2025-12-07/
#476
#477
Line Holder
Joined: Sep 2020
Posts: 1,556
Likes: 335
Also AA management has already said that of the 300 orders about 230 of them are replacing older planes. All of which will have to be financed or leased, making it harder for them to dig out of their debt hole and another reason they aren't buying Spirit in whole.
#478
Sort of. In the last 4 years American is only $1.5B ahead of debt repayment that was already scheduled. That came at the cost of cash on hand. They were willing to reduce their cash because operating cash flows weren't going to bring it down. Also they said they wanted to have total debt of under $35B by 2027, which they won't come close to making if they buy Sprit.
Also AA management has already said that of the 300 orders about 230 of them are replacing older planes. All of which will have to be financed or leased, making it harder for them to dig out of their debt hole and another reason they aren't buying Spirit in whole.
Also AA management has already said that of the 300 orders about 230 of them are replacing older planes. All of which will have to be financed or leased, making it harder for them to dig out of their debt hole and another reason they aren't buying Spirit in whole.
#479
Line Holder
Joined: Sep 2020
Posts: 1,556
Likes: 335
When someone comes on and asks about upgrade times like they did last February, and some guy says "I think the junior captain on the last bid was 5 years" (when it was in fact just over 2 years) I point out that mistake. Because if you are only listening to negative hyperbole and not actual data, you will make suboptimal decisions.
#480
That/It/Thang
Joined: Aug 2020
Posts: 3,460
Likes: 272
as reported in their earnings. Would welcome a source of your claim, you can private message me to keep it off the NK forum since this isn’t NK specific.
Thread
Thread Starter
Forum
Replies
Last Post



