AA results

OK, so fees and expenses have come to ~60M after six months. It's not something I'd waste too much time getting worked up over...

Let's assume the run rate continues at $10M per month, and the end bill is around $200M.

If AMR hits the $2B savings target for just two years (likely), that works out to 5% commission. That's not even taking into consideration revenue improvements. If it works out to a 10% commission, there's still a significant savings being realized the company couldn't manage to obtain outside of the courthouse.

Some people pay realtors 3-6% to help them sell a house. Even in a short sale, the mortgage holder is paying out a 5% commission to the realtors so that they can get the property off the books.

You guys pay two hours a month to the union, right? What's the net savings you're realizing from that 1.1% commission?

As Dean Wormer from Animal House would say: "zero point zero"
 
If this LBO passes this will be on a Tulsa news channel in a year at most!!

Oh, it won't stop there..it will be on every news and business outlet accompanied by a statement of "HOW A CONSENUAL DEAL WAS REACHED TO SAVE THOUSANDS OF JOBS.....ETC. ETC. ETC. ETC.ETC.ETC.ETC.ETC
 
Oh, it won't stop there..it will be on every news and business outlet accompanied by a statement of "HOW A CONSENUAL DEAL WAS REACHED TO SAVE THOUSANDS OF JOBS.....ETC. ETC. ETC. ETC.ETC.ETC.ETC.ETC
No Hopeful, I don't think he meant it that way!
 

Latest posts

Back
Top