Originally Posted by WingNaPrayer

At one time they were, but if memory serves, AMR hocked the farm and funds borrowed against those once-owned jets are a major portion of AA's huge debt load they are carrying, which is still close to 15Bil - and I give them some accolades for paying that down from the 20Bil it was sitting at less than 30 months ago.

I still see this stock at 8 bucks and some change by Spring and I'm betting AMR comes back to their labor groups during upcoming negotiations and asks either for further pay cuts, or for an extension of things just as they are. If that happens, AA will be known as Carrion Air because they'll get picked apart by the other legacy carriers. Once Arpey divests AMR of Eagle, there will be nothing left to save AA's fanny. Not even Miami's profits are that good!