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Old 10-24-2020, 12:11 PM
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Anyone watch the video put up by the MEC? What’s your take? I got the impression the seed is being sowed for a big bankruptcy somewhere and y’all better get ready for the domino effect.
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Old 10-24-2020, 12:17 PM
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Originally Posted by Lenticularis View Post
Anyone watch the video put up by the MEC? What’s your take? I got the impression the seed is being sowed for a big bankruptcy somewhere and y’all better get ready for the domino effect.
Can you post the video?
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Old 10-24-2020, 01:27 PM
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Originally Posted by afhercdriver View Post
Can you post the video?
Don’t think so. The link was sent by the UAL MEC and requires an ALPA sign on.
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Old 10-24-2020, 01:35 PM
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Originally Posted by Lenticularis View Post
Anyone watch the video put up by the MEC? What’s your take? I got the impression the seed is being sowed for a big bankruptcy somewhere and y’all better get ready for the domino effect.
I really enjoyed listening to him speak....learned a lot. I was also happy to hear his thoughts on United vs the industry. Seems like a no Bull**** individual so I took his words and analysis to be genuine. I didnt particularly care for the increased JV talk....but what pilot would.

as far as get ready for a bankruptcy and let the dominos fall? I’m not sure that’s what he said. I took away that there will be winners and losers and we will find out soon who they are. I also feel like he was talking about the world wide industry not just the US.

with what Hunter said I think he was more amid at Emirates, Cathay, Ethiad, Quatar.......the airlines that cater to premium heavy international WB only flying.

however Hunter didn’t sound to impressed with AA. I think this is where we get his quote”it only takes one bad player to bring down the entire industry.” If AA ****s the bed, which I would argue they started back in July, and goes Bankrupt then everyone else has to follow to remain competitive.
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Old 10-24-2020, 01:43 PM
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Originally Posted by MasterOfPuppets View Post

however Hunter didn’t sound to impressed with AA. I think this is where we get his quote”it only takes one bad player to bring down the entire industry.” If AA ****s the bed, which I would argue they started back in July, and goes Bankrupt then everyone else has to follow to remain competitive.
Unless AA goes Ch 7...
Ch 11 requires a recovery business plan to be approved by the courts and creditors, if I'm not mistaken.
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Old 10-24-2020, 01:46 PM
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Originally Posted by Smooth at FL450 View Post
Unless AA goes Ch 7...
Ch 11 requires a recovery business plan to be approved by the courts and creditors, if I'm not mistaken.
that is correct. It’s going to be hard to secure DIP financing when your are leveraged at 600% of you market cap and revenues.

I have feared that the first airline into bankruptcy will not emerge.
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Old 10-24-2020, 02:35 PM
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We doing so great. Do you see our finajandcln result s for the terd quarter! America airlines is so toast. There pilot s didn’t sabe there airline like we dud. Our debt service is only 4 million a day. That’s bout what we pilots gave. The. Company. And we can stall give more? Well have the greatest airline ever after someone else goes bankrupt. Weer doing so great?
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Old 10-24-2020, 02:45 PM
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Originally Posted by MasterOfPuppet View Post
We doing so great. Do you see our finajandcln result s for the terd quarter! America airlines is so toast. There pilot s didn’t sabe there airline like we dud. Our debt service is only 4 million a day. That’s bout what we pilots gave. The. Company. And we can stall give more? Well have the greatest airline ever after someone else goes bankrupt. Weer doing so great?
Dude. You been drinking? I can barely make out what you are saying.
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Old 10-24-2020, 02:48 PM
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Originally Posted by TheBlueBaron View Post
Dude. You been drinking? I can barely make out what you are saying.
no their entire goal is to get under MY skin. Personally I don’t care, this is whoever it is being a sore loser.
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Old 10-24-2020, 02:49 PM
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AA is clearly doing poorly. Not sure that we are that much better off though.

https://www.google.com/amp/s/www.wsj...er-11603467571
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