AA going anywhere??
Mar 14, 2003 | 7:11 pm
#1
Original Poster
Join Date: Mar 2003
Posts: 20
AA going anywhere??
how is the financial status of AA?? i might switch to AA from CA flights, but would like to know is AA even gonna exist long enough for me to use my miles??
Mar 14, 2003 | 9:17 pm
#2
Join Date: Jan 2003
Location: Chicago
Programs: UA GS , AA CK
Posts: 945
AA is the largest carrier in the world. They aren't going anywhere.
Mar 14, 2003 | 9:20 pm
#3
Suspended
Join Date: Mar 2001
Location: FIND ME ON TWITTER FOR THE LATEST
Posts: 27,729
I can't stand this anymore.
Mar 14, 2003 | 9:28 pm
#4
Join Date: Jan 2003
Location: Chicago
Programs: UA GS , AA CK
Posts: 945
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by JonNYC:
I can't stand this anymore.</font>
I can't stand this anymore.</font>
We just need to hunker down for the long haul. http://www.flyertalk.com/forum/smile.gif
Mar 14, 2003 | 11:16 pm
#5
Join Date: Mar 2001
Location: "Did you ever see Dallas from an MD-80 at night?" just doesn't have the same ring to it...
Posts: 1,685
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Jace:
Agreed, but as more and more news comes out (i.e. AMR being yanked from the exchange)...
</font>
Agreed, but as more and more news comes out (i.e. AMR being yanked from the exchange)...
</font>
AMR is no longer part of the S&P 500. It is still most definitely listed on the New York Stock Exchange.
Just a tiny bit of difference there... http://www.flyertalk.com/forum/rolleyes.gif
Mar 14, 2003 | 11:22 pm
#6
Join Date: Jul 2002
Location: Bonita Springs FL
Posts: 2,963
Jeez, where do some of these people get their information from? The media? He!!, the entire civilized world knows the whole truth and nuttin' but the truth about AA is right here in our little ol' forum.
Chicken little was wrong, the sky isn't falling. Your miles are safe, your airline is safe, the skies are safe...oops, I forgot, the TSA ain't safe.
Chicken little was wrong, the sky isn't falling. Your miles are safe, your airline is safe, the skies are safe...oops, I forgot, the TSA ain't safe.
Mar 15, 2003 | 12:46 am
#7
Used to be Sydneysider
Join Date: Jul 2001
Location: CPH
Programs: AS MVP/Gold (and 75K aspirant)
Posts: 2,984
AA is definitely in trouble. On a daily basis, their expenditures greatly exceed their income. They have some serious work to do before they return to profitability (which I think they will). Will they file for bankruptcy? Am I a phophet? Who knows?? But even if they do, operations will continue and your miles will be 'safe'. If they go the Chap. 11 route, I would expect they would emerge from it profitable instead of going the way of PanAm and Eastern.