AMR Corporation Reports Fourth Quarter 2009 Net Loss of $344 Million

[RedDogC130]

http://finance.yahoo.com/news/AMR-Corporation-Reports-prnews-626158418.html?x=0&.v=1

OUCH....how long can this go on?

 

[General Lee]

And they raised the offer for JAL to $1.4 billion??? Oh yeah, that was along with TPC--who we all know care soooo much about airlines and their people....ask the Midwest guys....


Bye Bye--General Lee

 

[maxblast72]

General, it is TPG and the other half of the Midwest deal, Northwest Airlines, did so much to help the employees of Midwest. I not saying it wasn't a smart deal Northwest to do but don't think that Northwest is any better than TPG. All these deals are about one thing and one thing only, money.

 

[ultrarunner]

http://finance.yahoo.com/news/AMR-Corporation-Reports-prnews-626158418.html?x=0&.v=1

OUCH....how long can this go on?

Until they reach the minimum cash-on-hand that is necessary to restructure.

 

[eaglesview]

http://finance.yahoo.com/news/AMR-Corporation-Reports-prnews-626158418.html?x=0&.v=1

OUCH....how long can this go on?

Can you say, "on going negotiations." I'm sure ours at UAL will be just as sweet.

 

[wmuflyguy]

2009 cash and short term investments $4.9b
2008 cash and short term investments $3.6b

2009 debt 16.1b
2008 debt 15.1b

 

[AA717driver]

2009 cash and short term investments $4.9b
2008 cash and short term investments $3.6b

2009 debt 16.1b
2008 debt 15.1b

"Never be in a position where either you CAN'T file Ch.11 or that you HAVE to file Ch.11." AMR Management.

TC

P.S.--AA is run by the least inspired management team since Carl Icahn got out of the airline business. At least Carl had a plan...

 

[no1pilot2000]

When is the "Going Out Of Business" Sale going to be held?

 

[ironspud]

Not soon enough.