|
Originally Posted by SpeedBrakes
(Post 3987807)
ADP Level 3
lets get off our asses and pick up OT. wait, no 200% OT and we just took a pay cut? I think I’ll sit it out this weekend. BTW why is BENDO still employed here and on payroll ???? |
Maybe Kirby was right after all???
|
Originally Posted by HoustonRockets
(Post 3987816)
Historically people leaving dump a lot of sick bank could be a sign of a large exodus
|
Originally Posted by SterileMan
(Post 3987830)
If Spirit can fire these FAs, it’s a plus.
|
Originally Posted by SterileMan
(Post 3987830)
If Spirit can fire these FAs, it’s a plus.
|
Originally Posted by SterileMan
(Post 3987830)
If Spirit can fire these FAs, it’s a plus.
|
Originally Posted by Lincoln Osiris
(Post 3987801)
PLEASE find and quote where I said that because I can guarantee you I did not.
he has been on here for years predicting AA will go Bankrupt because they have debt, bla bla bla. [QUOTE=Excargodog;3579590]Hey, I’m happy for you guys. You have greatly exceeded expectations. If we can just keep junk bond rates from going too high or the predicted recession from getting too bad you may well power right out of the debt load. Good on you. You going bankrupt would have hurt us all.[/QUOTE he has stuff like this all over in a 2021 AA Bankruptcy poll. |
Originally Posted by PNWFlyer
(Post 3987989)
not you, Excargodog. The one your were quoting.
he has been on here for years predicting AA will go Bankrupt because they have debt, bla bla bla. https://americanairlines.gcs-web.com...ancial-results that is a continual drain on their profits. Now my guess is that they’ll survive, but they are looking at a decade or better of high debt service that will limit their dividends as well as their profit sharing. Others have less rosier opinions: https://liveandletsfly.com/isom-amer...crushing-debt/ an excerpt: The problem with American’s debt is that at its current repayment rate, the airline will have to perform well and apply excess earnings to payments. When Doug Parker and crew took over the (then) world’s largest airline in 2013, the carrier had paid down its debt from $14.4bn in 2005 to $7.2bn. That debt jumped to $18bn the next year and when he left in April of 2023 it had risen to $37.2bn. On paper, the airline plans to pay it off in 12 years but that assumes that American performs to its own expectations. But it almost never does. In 2023 the carrier forecast earnings per share to reach $3.00-3.25, it ended the year at $.29/share. In 2024 it forecast a profit of $2.25-3.25/share (a massive spread), it closed the year at $1.70/share. Both 2023, and 2024 were record revenue years for the airline. In 2025, it forecast $1.70-2.70 per share, revised that down to $.80 profit ranging down to a $.20 loss, and now back up to $.65-.95/share. The point is simple: American rarely performs to its own expectations. Trusting the airline to pay down it’s debt on time is a fool’s errand. Management’s goal of paying debt down by just $1.8bn over the next five quarters is based on management’s unbridled optimism it will make money in the future. The problem is that there’s little history to back the claim. If American continues at its current pace, it’s possible the airline will never pay down its debt and it could grow even if the carrier is diligent about applying its meager profits to debt service. |
Originally Posted by Excargodog
(Post 3988000)
Not so. I predicted that AA had huge debt at very favorable rates that they would be forced to refinance at much higher rates and they would be fortunate if they didn’t go bankrupt. They were fortunate, because the post COVID rebound was quicker and stronger than anticipated, so DESPITE having had to refinance at much higher rates, they did not enter bankruptcy. They do have exceedingly high debt service $1.467 BILLION for the first three quarters of 2025
https://americanairlines.gcs-web.com...ancial-results that is a continual drain on their profits. Now my guess is that they’ll survive, but they are looking at a decade or better of high debt service that will limit their dividends as well as their profit sharing. Others have less rosier opinions: https://liveandletsfly.com/isom-amer...crushing-debt/ an excerpt: But, as that great philosopher Yogi Berra said, “Predictions are hard, especially about the future.” |
Originally Posted by RStrawberry
(Post 3988060)
GMAFB. the lot of you were just frothing at the Mouth at the idea of spirit going under and these guys losing their paychecks while jerking each other off about what’s going to happen next and where the planes will go.
You’re all pathetic individuals, at least be brave enough to say yeah, you were rooting for their demise. You, however, chose to stay put at F9 in the best hiring environment in decades. Then you failed the interview at United (or maybe never interviewed at all cuz trolling is your thing?) so now you’re all butt hurt about it. Please spare us the misery |
| All times are GMT -8. The time now is 03:10 PM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands