Dallas Morning News: AA Could be Bankrupt in May
Feb 26, 2003, 8:23 am
#31
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Join Date: Feb 2000
Location: Cambridge
Posts: 63,611
<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>
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>
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.
Feb 26, 2003, 11:28 am
#32
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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!
Feb 27, 2003, 9:43 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.
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"Fly me to the moon and let me earn alot of miles."
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"Fly me to the moon and let me earn alot of miles."
Feb 27, 2003, 10:00 am
#35
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<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>
Nope, $25 divided 3125 miles comes to .008 per mile which is less than .01 cent.</font>
0.008 Dollars = 0.8 Cents > 0.01 Cents
[This message has been edited by Golden Tiger (edited 02-27-2003).]
Feb 27, 2003, 10:35 am
#36
Join Date: Oct 2000
Location: Milwaukee, WI
Programs: AA EXP & 3MM, SPG GLD
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<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>
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>