Its not just about this quarters financials it’s about having and executing a longish...as long as it can be given the circumstances....plan. I feel we have a long term plan A and B......I’m not sure what AAs is? They just seem to be existing. They had a plan back in JUly to fly more than anyone else and that failed. Since then they have been month to month, and are now behind

not sure if you read the WSJ article or not - but DL and WN have a lot more cash to outlast this for much longer than we do.

you can only soar to new heights if there is sufficient runway left.

I didn’t because I don’t have a subscription.

Keep in mind HK himself said he was the most pessimistic analyst out there of the bunch. Let’s hope his outlook proves overly gloomy. Not saying he was all wrong about bankruptcies coming next year, but I think nothing is set in stone yet. AA is the canary in the coal mine of the majors and they aren’t coughing just yet.

Loved it when he teed off on stock buybacks.

One goes in they all go in.
UAL started the parade last time and by virtue of the unprecedented years in the process was instrumental in forcing the others to file.

Pretty animated character. I thought he looked like a bearded Jerry Maquire (young Tom Cruise) Was expecting a "SHOW ME THE MONEY!!" or "Help me help you". :D

days of cash remaining at 3rd qtr reported cash burn....

SWA 910
DAL 897
UAL 548
AMR 188

Most up to date: American 520

Burning 30m/day
15.6b liquidity

The company’s third-quarter pro forma liquidity balance is approximately $15.6 billion and it expects to end the fourth quarter with more than $13 billion

The 3Q results said AA was still burning 44M /day at the end of the 3Q. With 8B required as a floor to enter bankruptcy, that gives AA roughly 6 months at current burn rates.

I don't think Hunter is right this time. One of the lessons learned through the last round of bankruptcies is that the those who can stay out of bankruptcy are also huge beneficiaries in other ways. Southwest and Jetblue were able to grow leaps and bounds almost unimpeded for about five years. Then it became tough again as the new lean and mean legacies went on the hunt but that five years was huge for them.

So if AAL goes chapter 11, Do Delta and United want to shrink also in bankruptcy, albeit short term, or do they want to take advantage of AAL's weakness while they reorganize?