Which at this point could be seen as a liability. They're still burdened by heavy debt, and a pilot contract that restricts the airline's expansion.

Only spurred by the previously escalation in oil prices. Again this reveals their "wait and see" approach to running the airline. If oil stayed below $80, I doubt AA would have accelerated the 738 deliveries.

Very few routes of any consequence. Definitely not enough to compete with the global airline that DL is becoming.

I'm not really trying to discuss the JAL deal as much as how AA needs to change internally.