AMR and DAL qtrly earnings comes out tomorrow....

[IFLYASA]

Have a hunch that AMR will report a bigger loss than DAL as they are trying to convince the unions that BK is imminent for negotiations. DAL has a year to go before it's time to "show the losses" so to speak.

Since the bankruptcy laws have changed, I seriously doubt AMR will file for it.

 

[IFLYASA]

Actually their total debt went UP by 1.5 Billion in one quarter. Their Net Debt went up by 200 million. And their increase in Cash is probably that 1 Billion in notes they just floated at a very high rate (7.5%).

Remember, AMR holdings makes a profit based on mail and cargo. This is kept seperate from AMR as an airline, who looses money. In the end, they alway make something, but don't show it exactly.

 

[IFLYASA]

I don't really see any downfall in the airline stocks after they report earnings. I believe the current prices have already reflected the loss. Once oil comes back down to normal, there should be a nice pop.

 

[Full of LUV]

Since the bankruptcy laws have changed, I seriously doubt AMR will file for it.

I didn't say they WOULD file for BK, just as they are in negotiations with many groups so this is NO time to show a profit, even if they were making $1Billion a week in profit, they would find a way to bleed at this moment.

Delta though, not being in current negotiations, wants to please investors and the BOD more than worrying about negotiations that are a year away.

Just one consideration. With fuel this high, paying the bill on April 1, vs March 31st could be the difference in the quarter's performance.

 

[Secret Squirrel]

Remember, AMR holdings makes a profit based on mail and cargo. This is kept seperate from AMR as an airline, who looses money. In the end, they alway make something, but don't show it exactly.

Really? That would be a neat trick. Since this is AMR Corp. Parent company to everything AMR.

 

[On Your Six]

I didn't say they WOULD file for BK, just as they are in negotiations with many groups so this is NO time to show a profit, even if they were making $1Billion a week in profit, they would find a way to bleed at this moment.

Delta though, not being in current negotiations, wants to please investors and the BOD more than worrying about negotiations that are a year away.

Just one consideration. With fuel this high, paying the bill on April 1, vs March 31st could be the difference in the quarter's performance.

Our CEO stated we would have a small profit for the year overall. High oil now doesn't mean it will be that way a year from now, when negotiations actually start. So, a small profit, after a big profit last year, with a chance for more favorable negotiating conditions, means big gains for DL pilots. And what does that also mean for hiring? That means SWA pilots try to apply to Delta in droves.


OYS

 

[GuppyWN]

So, a small profit, after a big profit last year, with a chance for more favorable negotiating conditions, means big gains for DL pilots. And what does that also mean for hiring? That means SWA pilots try to apply to Delta in droves.


OYS

Still have the Welcome Aboard letter from Plato. You can guess which I chose.

Gup