Dallas Morning News: AA Could be Bankrupt in May

 
Old Feb 26, 03, 9:23 am
  #31  
A FlyerTalk Posting Legend
 
Join Date: Feb 2000
Location: Cambridge
Posts: 60,880
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by avek00:
APA is NOT posturing. AMR has a boatload of debt coming due later this year; if that debt cannot be refinanced, a Chapter 11 filing would be necessary in order to prevent the company's COH from falling to dangerous levels.</font>
"Later" isn't May.

AA has loans coming due in the 3rd and 4th quarter of this year, but the prediction of being forced into bankruptcy in May isn't realistic.
Plato90s is offline  
Old Feb 26, 03, 12:28 pm
  #32  
ShortyDog
Guest
 
Posts: n/a
Well, for all of the other airlines that AA has made go under because they litigated them to death to quell competition (Legend Airlines out of Dallas Love Field is a perfect example), they will be getting everything they deserved if THEY go under!
 
Old Feb 27, 03, 7:12 am
  #33  
 
Join Date: May 2002
Posts: 29
This story has been picked up by CNN, too.

http://www.cnn.com/2003/TRAVEL/02/27....ap/index.html
SandeepS is offline  
Old Feb 27, 03, 10:43 am
  #34  
 
Join Date: Sep 2000
Location: Jersey Isle
Programs: BA Gold, BMI Gold, LH Senator, Hyatt Diamond
Posts: 1,175
So will the new motto be LRTF, Less Room Throughout First? Have an upcoming trip on 777 this next week and think it is the shame this may be my last sleeper seat on AA. Looks like I will have to start flying BA transatlantic again.

------------------
"Fly me to the moon and let me earn alot of miles."
worldbanker is offline  
Old Feb 27, 03, 11:00 am
  #35  
Golden Tiger
Guest
 
Posts: n/a
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by lrickets:
Nope, $25 divided 3125 miles comes to .008 per mile which is less than .01 cent.</font>
I think you mean DOLLARS not CENTS... twice now!

0.008 Dollars = 0.8 Cents &gt; 0.01 Cents

[This message has been edited by Golden Tiger (edited 02-27-2003).]
 
Old Feb 27, 03, 11:35 am
  #36  
 
Join Date: Oct 2000
Location: Milwaukee, WI
Programs: AA EXP & 3MM, SPG GLD
Posts: 1,215
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ShortyDog:
Well, for all of the other airlines that AA has made go under because they litigated them to death to quell competition (Legend Airlines out of Dallas Love Field is a perfect example), they will be getting everything they deserved if THEY go under!</font>
BOOO!HISSS!
crAAzy is offline  

Thread Tools
Search this Thread
Search Engine: