goingboeing
Veteran
- Jan 30, 2004
- 584
- 1
DCAflyer said:They'll be in C-11 by the end of summer. Same with AA.
[post="271035"][/post]
I don't know what you are smoking but there is NO WAY THAT AA will be in Chapter 11 by the end of summer!
In matter of fact,AA will probably earn a SMALL PROFIT for the 2nd and 3rd quarters.
Look at the stock price of AA in the last 60 days and you will see that the money is betting on AA.
Do not lump AA into the same category as Delta who is a major loser because their leadership was too slow to react to the rapidly changing airline business.
AA/TWU, because they are one,was ahead of the other non-BK majors with ILC's.
These concessions have not fixed the airline but have bought AA more time outside of C11 to try to correct some of its problems and remain a viable legacy carrier.[And I voted against the concessions]