Hunter Keay
10-24-2020 | 02:53 PM
#11
Gets Weekends Off
Joined: Feb 2012
Posts: 3,599
Likes: 205
From: 787
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
10-24-2020 | 04:05 PM
#12
Line Holder
Joined: Dec 2018
Posts: 1,150
Likes: 9
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
you can only soar to new heights if there is sufficient runway left.
10-24-2020 | 04:06 PM
#13
Gets Weekends Off
Joined: Feb 2012
Posts: 3,599
Likes: 205
From: 787
10-24-2020 | 05:32 PM
#14
Line Holder
Joined: Feb 2015
Posts: 976
Likes: 75
From: NOYB
Loved it when he teed off on stock buybacks.
10-24-2020 | 07:55 PM
#16
Banned
Joined: Feb 2018
Posts: 657
Likes: 0
From: B-737 Captain
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.
Loved it when he teed off on stock buybacks.
10-25-2020 | 04:47 AM
#18
You scratched my anchor
Joined: Feb 2011
Posts: 5,122
Likes: 74
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
Last edited by Al Czervik; 10-25-2020 at 05:00 AM.
10-25-2020 | 05:41 AM
#19
Gets Weekends Off
Joined: Feb 2012
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From: CRJ FO
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.
10-25-2020 | 06:15 AM
#20
Line Holder
Joined: Jul 2018
Posts: 91
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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?
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?
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