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Thread: AMR sees 1st quarter mainline rev up 3.5-4.5%
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Old Mar 30, 2005 | 10:27 am
  #15  
ScottTexas
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Don't count on it
Originally Posted by chsb
Another bit of good news for AMR is they will end the quarter with $3.5 billion in liquid assets. $500 million of that is restricted but AMR is now by far the healthiest of the legacies. DL for example has just over $1 billion in liquid assets and they are facing a $500 million payment to their pension fund this year. Maybe with all the good news AA could start to restore some of the services they have cut.
I wouldn't hold my breath that anything will be restored anytime soon. Until they are turning a profit, it will continue to be cut, cut, cut.
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