If the people who own AA give bonuses to the people who run it even when the company posts a loss then there is more to the picture than profits.
That's because the people who own AA haven't paid bonuses to the people who run it for a decade. Your (and I don't mean you, Bob, I mean the collective "you" as in nearly every poster here) failure to understand how executive compensation works doesn't convert variable pay into "bonuses."
PMMMDL;14267259 said:All would support Dons position on every issue. All would reinforce Dons assertions of possible bankruptcy filing and othe expectation lowering propaganda. In one incident when I countered Dons fear mongering I brought up how Citibank just bought a Billion dollars worth of AAdvantage miles and I'm sure they did their homework. They wouldnt lay out a Billion dollars to a company that was about to file BK. Steve Luis, in an agitated tone retorted "That doesnt mean anything, a billion dollars is nothing to Citibank."
Sigh. The paragraph above shows guys discussing something they know very little about.
Citibank's billion dollar loan to AA (secured by the AAdvantage miles purchased periodically by Citi) doesn't prove one way or another whether AA might file Ch 11 protection. All of the airlines that filed for bankruptcy this past decade who continue to fly (including UA, DL and US) continue to sell miles to their credit card partners during and after their bankruptcy.
Delta did the same thing AA did (borrowed a billion from AMEX secured by its future miles needs) not long before DL filed for Ch 11 in 2005. Secured debt survives bankruptcy, so lending a company money with adequate security is not a vote of confidence that the company will not seek bankruptcy protection.
That said, AA is not likely to file for Ch 11 protection. I only see a Ch 11 filing if a work stoppage shuts off revenue for an extended time. And that's not a problem for you, since bankruptcy probably means a pay raise (you keep saying how the employees of the bankrupt airlines make more than you).