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AA Bankruptcy Looking More Likely...  
User currently offlineDALelite From Switzerland, joined Jun 2000, 1770 posts, RR: 28
Posted (10 years 4 months 3 weeks 1 day 4 hours ago) and read 1844 times:

hi folks

I just read an article saying that shares in AA parent company AMR. Corp.
fell to an all-time low on 29.Jan. 2003* as a gloomy economic outlook and fears of bankruptcy at the world largest airline scared off investors, Wall
Street analysts said.

I didn't know that AA was financily so unstable.  Sad

This article can be found on http://www.airlinequality.com/news/american.htm

Regards: Markus

*instead of 2003 they printed 2002


They loved to fly and it showed..
4 replies: All unread, jump to last
 
User currently offlineWolfpacker From United States of America, joined Jun 1999, 354 posts, RR: 0
Reply 1, posted (10 years 4 months 3 weeks 19 hours ago) and read 1556 times:

I don't know how they can avoid it. Unless the unions can work something out, which is doubtful.

User currently offlineSaxman66 From United States of America, joined Sep 2000, 518 posts, RR: 0
Reply 2, posted (10 years 4 months 3 weeks 16 hours ago) and read 1433 times:

Yup AA could be next, followed by Continental, Northwest, and Delta. I hope they will all pull through including United.

Chris


Ride Amtrak!
User currently offlineBigo747 From , joined Dec 1969, posts, RR:
Reply 3, posted (10 years 4 months 3 weeks 14 hours ago) and read 1320 times:

AMR makes bigger loss then UAL, that's a surprise.

User currently offlineN777UA From United States of America, joined Mar 2010, 0 posts, RR: 0
Reply 4, posted (10 years 4 months 3 weeks 12 hours ago) and read 1241 times:

I'm not rubbing it in at all, but American is suffering from the same reality shock as United did 2 months ago. Until the 11th hour, United refused to believe it could actually file...then it had to, and was a real wake up call, a proverbial slap in the face to all of us at UAL. I see the same thing happening with American. We will both survive chapter 11 (assuming AA does file), smaller but stronger.

A"American we are; //// U N I T E D we shall rise
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