Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

American Airlines issuing $1 billion in debt to help cover 2011 costs

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web
Register   Log in
I am not a professional financial analyst, but that doesn't seem good. Mortgaging route authorities and landing slots/gates?
 
Shares of American parent AMR Corp. /quotes/comstock/13*!amr/quotes/nls/amr (AMR 6.21, +0.07, +1.14%) rose less than 1%, while those of Delta Air Lines Inc. /quotes/comstock/13*!dal/quotes/nls/dal (DAL 10.01, +0.10, +1.01%) added 0.5% and United Continental Holdings /quotes/comstock/13*!ual/quotes/nls/ual (UAL 22.63, +0.37, +1.66%) gained 1%.

US Airways Group Inc.’s /quotes/comstock/13*!lcc/quotes/nls/lcc (LCC 8.28, -0.01, -0.12%) shares slipped a fraction.

Elsewhere, rising ticket prices have helped to offset the spike in jet-fuel prices.

SkyWest Inc. /quotes/comstock/15*!skyw/quotes/nls/skyw (SKYW 16.48, +0.57, +3.55%) was upgraded to buy from hold at Deutsche Bank because of better-than-expected revenue growth due to several successful fare hikes.

Shares of SkyWest rose 3.4%.

How nice for them :puke:
 
I am afraid American will need to do the Chapter 11 wash and rinse, before they can turn a profit. The debt load is just too high. Not to mention the cost of MD-80 replacements.
 
jws717 said:
I am afraid American will need to do the Chapter 11 wash and rinse, before they can turn a profit. The debt load is just too high. Not to mention the cost of MD-80 replacements.
Click to expand...

They'll go after the pensions first. :puke:
 
I think AA is still paying down debt, with everyone else profitable last year, and AA only barely profitable, supposedly. Maybe they are borrowing some money to continue the consolidation trend?


Bye Bye--General Lee
 
With oil almost hitting $107/barrel today, I think we'll all be heading down this road sooner or later. There's stuff to be said about the Middle East unrest-- but last time oil went to near $150/brl it was because of speculative buying, much to our chagrin-- it's happening again...
 
Refinancing debt. They had $2.4bil in debt payments due in 2011, and the market is at a good spot for refinancing. Nothing to see here.
 
SELCAL checks said:
http://www.dallasnews.com/business/...-billion-in-debt-to-help-cover-2011-costs.ece
Click to expand...



Take the cash from Eagle spin off and this $$$$ and buy jetblue and offer early retirements and new contract.

Its coming...Eagle will be flying 190s,,,great IPO stock price...Eagle will be given up flow up so half of the jetblue pilots merged with american and the other half with Eagle...Mckastlin rules will take place...sorry for the spelling......

why not think about it
 
sniper said:
Take the cash from Eagle spin off and this $$$$ and buy jetblue and offer early retirements and new contract.
Click to expand...

Dude, we're talking about the IPO of Eagle, not the IPO of Google. ;)
 
Flyby1206 said:
Dude, we're talking about the IPO of Eagle, not the IPO of Google. ;)
Click to expand...


With 700s, 190s and some 145s and some long term capacity purchase agreements(more than 10 years with oil around 110) with AMR....Eagle will be close to skywest stock price in the market...$11 per share or higher.....

It is a great plan if AMR can put it together...

just my opinion, thats all.
 
Eagle has to be a drain on AMR due to its mass fleet of 50 seat and less jets. Plus with 50 seats going to pasture sooner than later, AMR and the APA will have to bury the hatchet over the scope. I'm not advocating anything larger than Eagle flies now, but the ability to bring more of them on. Maybe this could be accomplished if AMR gives the mainline guys a good deal on 100-125 seat planes, something else AA also needs.
 
AA needs feed. Eagle provides the maximum feed that the APA contract allows. Eagle is not as effective as it could be, but we do what we can with the resources we are allowed to operate. I think AMR's plan is to circumnavigate the APA scope clause and go to companies like Jetblue for feed instead. No need for scope exceptions for JB to feed JFK with E190s and A320s.

And for the record, no I dont think Eagle could/would be spun off to operate something bigger and feed AA in the way JB does.
 
sniper said:
With 700s, 190s and some 145s and some long term capacity purchase agreements(more than 10 years with oil around 110) with AMR....Eagle will be close to skywest stock price in the market...$11 per share or higher.....

It is a great plan if AMR can put it together...

just my opinion, thats all.
Click to expand...

Skywest closed over $17 today.
 
nwa747 said:
No I don't. You have no clue how how a company's stock priced is valued. Am I missing the point?
Click to expand...




Ok whatever strokes your ego......it will some price and Eagle will be a good investment for the public.....now are you happy d----a--s
 
sniper said:
Jetblue yes, SWA no.......whats your point......i never said that skywest will do this or that.....

By the way ASA sucks
Click to expand...

I'm not even sure of that. Q4 shows $134M in cash for Sky vs $468M for JET. Now they could work out some sort of stock swap to make the deal happen but that would require many outside investors. Not sure this deal could be done or gain approval from shareholders. Although the forward PE for JBLU does look attractive compared to others. Wouldn't be surprised to see them involved in the next M/A due to its value.
 
Last edited:
B6Busdriver said:
market cap

SKYW 911 million
JBLU 1.76 billion
AMR 2.1 billion
LUV 9.35 billion
Google 187.5 billion
Click to expand...



Jetblue will be the next peoples express......

just like airtran is almost gone, jetblue is going to be next.
Too bad jetblue has 5 year individual employment contracts and not ALPA on their property to protect them.

AMR needs to capitalize on that and with British in the picture, they have the cash to do it.
AMR needs to be big to survive.

Watch Delta and Hawaian will be next. Used to be JALWAYS...now we will have DALWAYS with A330's only covering the pacific.....48 of those A330's can cover a lot of airways when the 757s in the pacific get parked due to next fuel crisis





J
 
Last edited:
ALPA was on the property with ATA and Aloha and there's 4 of us over here in China on a job interview. ALPA only protects itself, not it's membership.
 
sniper said:
Jetblue will be the next peoples express......

just like airtran is almost gone, jetblue is going to be next.
Too bad jetblue has 5 year individual employment contracts and not ALPA on their property to protect them.

AMR needs to capitalize on that and with British in the picture, they have the cash to do it.
AMR needs to be big to survive.

Watch Delta and Hawaian will be next. Used to be JALWAYS...now we will have DALWAYS with A330's only covering the pacific.....48 of those A330's can cover a lot of airways when the 757s in the pacific get parked due to next fuel crisis





J
Click to expand...

Probably right. Then again, Jetblue is twice as large and has been around twice as long as peoples express was. You are probably right though, same exact company.
 
HalinTexas said:
ALPA was on the property with ATA and Aloha and there's 4 of us over here in China on a job interview. ALPA only protects itself, not it's membership.
Click to expand...

Better watch out, Hal, Rez and PCL will tag-team yo a$$...

TC
 
n757st said:
Probably right. Then again, Jetblue is twice as large and has been around twice as long as peoples express was. You are probably right though, same exact company.
Click to expand...


Time will tell.....the shopping spree of the 80s is coming back ....thats my opinion....

I see AMR, DELTA AND UNITED surving brands only.....ALONG WITH SWA ofcourse.....as Legacys
 

Share this page

Latest posts

Latest resources

Latest media

Carbon Cub FX-3 Shenandoah Valley
Carbon Cub at Kittyhawk
FX-3 in the backcountry
IFR Panel in a Carbon Cub FX-3
Cub-Provo-UT-c.jpg
Back
Top Bottom