AAI stock in the 1's

[airline#5]

Do these traders know something we don't? Who would sell this stock at this price? With our cash position, it doesn't seem we are in dire staits...yet. Couldn't help but buy some. Anyone else doing the same? We shall see....

 

[ACL65PILOT]

I would not buy it....

 

[Frank Lorenzo]

I would start using up your sick time and editing your resume if I were you.

 

[Uppercrust]

BK possibly.

 

[Ty Webb]

Ah, the F.I. experts know all. That's why Uppercrud is still living in his parent's basement, enjoying his furlough, Frank needs round-the-clock bodyguards, and Ty Webb is the toast of the town.

 

[airline#5]

My sick time is all gone, learned my lesson (did ya notice my user name?) No more resume updating, logging time, or any of that BS. This career, if you want to call it that, is a joke; a total embarressment to those with real jobs. So my last ditch effort to make any money in this industry is to gamble on this junk stock. Dumb, I know...

 

[Lear70]

The "toast of the town"? You talking about the West Atlanta 'burbs? What you using, Colt 45?

JK, man, the stock price certainly does suck... the last time it took a dive like that some institutional investor dumped over 100,000 shares on the open market. Haven't looked it up yet to see what the deal is this time...

Hope it's not BR, but so many other airlines have used it as a restructuring and "negotiations" tool, why not AAI?

 

[airlinepilot]

The big boys on Wall Street usually have a little insider info .........I would say they have been told that the Loss for the 2nd Qrt is alot bigger than anyone thought!

 

[Max Powers]

The big boys on Wall Street usually have a little insider info .........I would say they have been told that the Loss for the 2nd Qrt is alot bigger than anyone thought!

You can make book on it. Sad to say but I'm getting the resume and log book dusted off. I've been through this before and I'm not waiting till the last minute like last time.

I'm going to be first off this ship before the U-Boats get us.

 

[fletch717]

I agree mgmt treats us like crap and this has become a terrible working enviroment. But I think once again AT is being underestimated by the "experts".

 

[lowecur]

Mmmmm.

Before the boy financial genius jumps in and says it's all due to the scary "death spiral" financing, let's just relax and see how the numbers come in. If the numbers are indeed bad, then more planes and furlough's will head out the back door and yes the possibility exists for BK before the cash dwindles to a point of no return. This downturn will be the worst since the great depression, I'm sorry to say..... and will last a long time. Those that can hang on, will be nicely rewarded in a few years.


Closing shop at Stewart could be an indication that B6 is winning their limited head to head, but they really don't bump into them all that much. Is Fornaro focusing on Milwaukee to pressure Midwest and NWA? Those are the battles he needs to win to push Midwest out to sea.

DL and CA will probably have good to decent numbers this Q. UAL, NWA, LCC, and AMR should be mediocre to bad at best. SWA should do very well, and will continue to light up the bottom line as they pull a/c off non-performing routes and place them strategically to get more bang for the buck, as the legacy contraction continues.

It will be interesting to see if Frontier and Spirit make it into 2009. WN has thrown a neck crank on Denver, and Spirit's finances have to be hurting.

The Feds just voted that VX has to release their financial and route data for all to see. Well see what kind of a strong stomach Branson and Co have for the future.....which looks shakey.

Last one out, turn off the lights.

imp: ​

 

[Newjetjockey]

I'm buying. I think is a bargain. Will we go into BK? I have to think we are better positioned than other airlines. Can we peddle faster? I'm betting on it. Maybe I'll kick myself for it later but I'm rolling the dice.

 

[SilverandSore]

Do these traders know something we don't? Who would sell this stock at this price? With our cash position, it doesn't seem we are in dire staits...yet. Couldn't help but buy some. Anyone else doing the same? We shall see....

Flew with a guy a few years back who's ex-wife got him to buy 100k shares of American at $1.30 a share. He sold them for $11 and change. Talk about flying with someone who didn't give a fuc|< what happened!

 

[Just thinking]

Crazy things is that loads have been exceedingly heavy throughout the last couple of months. I know that folks do not always buy their tix two days before departure but criminy jipes.. can't they squeeze a bit more yield? CLT is maxed out day in and day out. Last four trips I have only had a couple of flights with light loads (less than 75 percent full). Everyone else is doing their part except for the ''management'' team.

 

[Bai B Nai]

These are the latest insider trades. Courtesy of the NY Times.


06/11/2008 ARNE G HAAK
Chief Financial Officer, Treasurer & Senior VP
50,000 Award of Stock

06/11/2008 ARNE G HAAK
Chief Financial Officer, Treasurer & Senior
43,532 Not Supplied


06/11/2008 GEOFFREY T CROWLEY
Director
18,050 Award of Stock

06/11/2008 ARNE G HAAK
Chief Financial Officer, Treasurer & Senior VP 50,000 Award of Stock

05/22/2008 JERE A DRUMMOND
Director
10,000 Open Market Purchase
Cost $34,300.00

05/21/2008 J BIGGINS
Director
17,182 Award of Stock

05/21/2008 LEWIS H JORDAN
Director
17,182 Award of Stock

05/21/2008 ALEXIS P MICHAS
Director
17,182 Award of Stock

05/21/2008 DON L CHAPMAN
Director
17,182 Award of Stock

05/21/2008 G DALOIA
Director
17,182 Award of Stock

 

[Devil Dawg]

I bought some TWA at 2.00. You know the rest of that story. That being said TWA was an old airline that had been gasping for breath for a long time. I think the tranny at 1.xx is a much better bet that TWA was..... but still don't bet it all!!

 

[PCL_128]

I would love to buy, but on this crappy FO pay, I can't afford shares at even $2.

 

[lowecur]

I'm buying. I think is a bargain. Will we go into BK? I have to think we are better positioned than other airlines. Can we peddle faster? I'm betting on it. Maybe I'll kick myself for it later but I'm rolling the dice.

BK is a ways off yet. Probably 6-8 months at the earliest. Many of the legacy's will have to file again about the same time, but I think AAI can shave some serious expenses from gate leases, equipment leases, along with the dreaded pay cuts from pilot's, FA's, and the rest either befire they file or while in 11. The Feds may have to kick in for DIP and exit financing for all involved as the credit markets have tanked.

imp:​

 

[Saluki Dawg]

BK is a ways off yet. Probably 6-8 months at the earliest. Many of the legacy's will have to file again about the same time, but I think AAI can shave some serious expenses from gate leases, equipment leases, along with the dreaded pay cuts from pilot's, FA's, and the rest either befire they file or while in 11. The Feds may have to kick in for DIP and exit financing for all involved as the credit markets have tanked.

imp:​

Unfortunately, there probably won't be any Federal Bailout of the Airlines this time around. The taxpayers don't have the stomach to go through that again. Besides the government is going to use up all of their money bailing out the Investment Banks and Subprime borrowers.

 

[lowecur]

Unfortunately, there probably won't be any Federal Bailout of the Airlines this time around. The taxpayers don't have the stomach to go through that again. Besides the government is going to use up all of their money bailing out the Investment Banks and Subprime borrowers.

That's why they have printing presses. I can't see it going beyond $25B, and that is chump change compared to what it will cost the taxpayers with the banks (FDIC hasn't even begun to get warmed up as hundreds of banks will liquidate as the credit crisis deepens).

imp:​

 

[pianoman]

At some point it begs the question of how much letting them fail will further hurt air service, business, economy and therefore tax revenue.

It might be cheaper for the government to do something like a fuel stabilization program than the alternative.

Just a theory. But we have been doing it for years on a smaller scale- EAS.