AMR bankruptcy Likely.....so says the Associated Press

[scoreboardII]

SWA buys whats left of AA, you heard it here first.

 

[atldc9]

Should've googled it first...

 

[Poahi]

Should've googled it first...

A reasonable guess....


http://seekingalpha.com/article/270531-why-airline-stocks-are-not-long-term-investments

The point of it was that whomever pulls them out is either irrational or a creditor.

 

[Flying the Line]

Maybe if American had 276 90 seat regional jets (with 76 seats) like Delta, they could be making billions of dollars.

 

[ironspud]

Bankrupt American Airlines......couldn't happen to more deserving bunch of employees. Music to my ears.

 

[General Lee]

Maybe if American had 276 90 seat regional jets (with 76 seats) like Delta, they could be making billions of dollars.

The reason Delta is making money is because so many 50 seaters have been parked lately. But look, SWA doesn't have any RJs, and they lost $160 million during the best quarter of the year. Say it isn't so.....


Bye Bye---General Lee

 

[Fubijaakr]

The regionals are hurting. SWA is the largest regional, PFT airline in America. Ipso facto, SWA is hurting.

 

[BILL LUMBERG]

Maybe if American had 276 90 seat regional jets (with 76 seats) like Delta, they could be making billions of dollars.

I guess if it's posted on FI, it must be true!!

Get your numbers right before posting jackhole....276 90 seaters, really?

 

[Sacha]

Delta.....heaviest codeshare airline in the world......no scope....no control....dim future...

But....but....we got a lot of retirements coming up.....so..so...you just wait and see.. We will get a pay raise cause I'll get to fly a wide-body.....and...and.....go to Lagos...

General Jefferson Davis?......


Buh Bye--General Sherman

 

[Fubijaakr]

Get your numbers right before posting jackhole....276 90 seaters, really?

Ignore Sacka. He's just a wanna be pilot troll.

 

[St. Nic]

Ignore Sacka. He's just a wanna be pilot troll.

Your airline only exists because of a monopoly in Alaska. VA is kicking your assets in San Fran!

 

[AA717driver]

When they start putting 'aircraft parts inventory' up for collateral for loans, then you can be sure BK will happen...

This. The last bit of financing was collateralized with "light bulbs". Next debt payment due in a few days. If they pay that with cash on hand, it will get AMR very close to the minimum cash threshold.

Their statements denying Ch. 11 around the release of 2Q results was a little choreographed.

Several stories came out after the call saying Ch. 11 "was unlikely". Then, a few days ago, articles started seeping out saying the numbers were worse than first thought or the conference call had numbers buried in it that indicated AMR was in worse shape than originally thought.

I see a pattern here.

Ch. 11 cures a LOT of AMR's problems.

TC

 

[Mamma]

Your airline only exists because of a monopoly in Alaska. VA is kicking your assets in San Fran!

Once again you let emotion cloud your facts. Flying in the state of Alaska accounts for 15% of Alaska Airlines ASMs. As for VA kicking Alaska's assets in San Francisco, what are you using to support you claim?

Virgin American:

$80 million loss for 2009
$68 million loss for 2010
$50 million loss for first 2 quarters in 2011

Alaska:

$121 million profit for 2009
$250 million profit for 2010
2011 is just nuts

I'm sure VA will be fine in the long run as they are still growing and that is expensive....but you statement doesn't match the facts.

 

[Dan Roman]

....but you statement doesn't match the facts.

Doesn't that pretty much sum up the USAPA mentality overall?

 

[Scoot 11]

Bankrupt American Airlines......couldn't happen to more deserving bunch of employees. Music to my ears.

Yet another POS finding joy in the misfortunes of others.