Search found 678 matches

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by UpNAWAy
Thu Jul 23, 2020 1:15 pm
Forum: Civil Aviation
Topic: AA 2020 Q2 results
Replies: 56
Views: 11421

Re: AA Q2 results

Boof02671 wrote:
UpNAWAy wrote:
Just said they will end 3rd qtr with 13 billion cash on hand and they revised down 3rd qtr guidance based on recent events/trends.

Thought he said $16 billion

16.2 is what they have now, 13 end of the qtr.

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by UpNAWAy
Thu Jul 23, 2020 12:51 pm
Forum: Civil Aviation
Topic: AA 2020 Q2 results
Replies: 56
Views: 11421

Re: AA Q2 results

Just said they will end 3rd qtr with 13 billion cash on hand and they revised down 3rd qtr guidance based on recent events/trends.

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by UpNAWAy
Thu Jul 16, 2020 1:54 pm
Forum: Civil Aviation
Topic: AA & B6 announce Northeast Partnership
Replies: 323
Views: 40506

Re: AA & B6 announce Northeast Partnership

I don’t see why AA people are viewing this as good news. It seems more to me like AA is giving up on competing in NYC on its own and is willing to outsource (not entirely obviously) domestic to B6 while it brings international to the table. It did the same with AS where it realized it could not bui...

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by UpNAWAy
Thu Jul 16, 2020 1:52 pm
Forum: Civil Aviation
Topic: AA & B6 announce Northeast Partnership
Replies: 323
Views: 40506

Re: AA & B6 announce Northeast Partnership

I don’t see why AA people are viewing this as good news. It seems more to me like AA is giving up on competing in NYC on its own and is willing to outsource (not entirely obviously) domestic to B6 while it brings international to the table. It did the same with AS where it realized it could not bui...

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by UpNAWAy
Thu Jul 16, 2020 1:34 pm
Forum: Civil Aviation
Topic: AA & B6 announce Northeast Partnership
Replies: 323
Views: 40506

Re: AA & B6 announce Northeast Partnership

I don’t see why AA people are viewing this as good news. It seems more to me like AA is giving up on competing in NYC on its own and is willing to outsource (not entirely obviously) domestic to B6 while it brings international to the table. It did the same with AS where it realized it could not bui...

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by UpNAWAy
Thu Jul 16, 2020 1:33 pm
Forum: Civil Aviation
Topic: AA & B6 announce Northeast Partnership
Replies: 323
Views: 40506

Re: AA & B6 announce Northeast Partnership

I honestly feel despite the industry literally burning to the ground that AA is taking the "go big or go home approach" for the future while DL and UA have turtled into their shell. DL and UA seem focused on trying to navigate the next 9 months, meanwhile AA is like ah screw it who cares ...

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by UpNAWAy
Thu Jul 16, 2020 1:25 pm
Forum: Civil Aviation
Topic: AA & B6 announce Northeast Partnership
Replies: 323
Views: 40506

Re: AA & B6 announce Northeast Partnership

Hmm, I wonder what this means for PHL as a European gateway. I cannot see AA giving it up (as that would likely cause a downward spiral for other flights there) but not sure how having a stronger European gateway at JFK will do anything but hurt PHL in the long-term. It was worded right in Vasu's s...

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by UpNAWAy
Thu Jul 16, 2020 1:14 pm
Forum: Civil Aviation
Topic: American Airlines Network Thread - 2020
Replies: 1452
Views: 204928

Re: American Airlines Network Thread - 2020

In reply to MKAIZ. I think you are completely wrong and thinking old airline way and AA is probably being correct (and aggressive/creative) and thinking a new airline way. BK doesn't really help them with Leases or Labor much at this point, they already cut management and IT redos cost lots of money...

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by UpNAWAy
Tue Jul 07, 2020 3:52 am
Forum: Civil Aviation
Topic: American Airlines Network Thread - 2020
Replies: 1452
Views: 204928

Re: American Airlines Network Thread - 2020

If AA drops a hub it will be ORD it doesn't make much money in great times and looses its shirt in the bad times.

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by UpNAWAy
Thu Jul 02, 2020 4:50 pm
Forum: Civil Aviation
Topic: COVID-19 Aviation Related News & Discussion Thread - July 2020
Replies: 93
Views: 8225

Re: AA pilot union wants US govt to purchase seats to maintain seating caps

Closing the middle seats helps with social distancing how? You are still well withing 6 feet of 5 other people in a window seat and 8 on an isle seat.

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by UpNAWAy
Tue Jun 30, 2020 2:30 pm
Forum: Civil Aviation
Topic: Disney and airline partners
Replies: 34
Views: 5087

Re: Disney and airline partners

My wife is a huge Disney fanatic and we have been to parks all over the world. The Disney packages are absolute crude in terms of deals. they are always more expensive than anything you can find on your own.

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by UpNAWAy
Fri Jun 26, 2020 5:09 pm
Forum: Civil Aviation
Topic: Does COVID-19 pose a threat to global aviation safety?
Replies: 6
Views: 1085

Re: Does COVID-19 pose a threat to global aviation safety?

Pilots and Flight Attendants have a lower infection rate than the general public, significantly so. From a COVID standpoint it is very safe. Now the other safety issues the OP raised due to stress and worry and job losses is in fact a real human factor that will impact safety.

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by UpNAWAy
Thu Jun 25, 2020 6:42 pm
Forum: Civil Aviation
Topic: Updated: American Airlines Business & Finance Discussion
Replies: 354
Views: 65635

Re: AA 5-yr secured notes $2.5 Billion yield 12.03%

DP did say today that once all the capital rounds and loans are in they will been in a better relative cash position than either DAL or UAL. He scoffed at the notion of BK but did add if this goes on for years we all (all airlines) would of course be in BK and having a billion or two more than someo...

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by UpNAWAy
Fri Jun 19, 2020 2:39 pm
Forum: Civil Aviation
Topic: Updated: American Airlines Business & Finance Discussion
Replies: 354
Views: 65635

Re: FT: Investors bet AA will file for BK

I think that article is closer to reality than any of the imminent BK ones. What does AA and AA Execs have to gain by BK? Nothing really. The debt is almost exclusively new aircraft and the lenders will gladly extend and rewrite leases to get through this. The issue is does this last months or years...

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by UpNAWAy
Fri Jun 12, 2020 6:14 pm
Forum: Civil Aviation
Topic: TSA Screening Numbers - Charts and Comparisons
Replies: 376
Views: 55044

Re: TSA Screening Numbers - Charts and Comparisons

Broke 500,000 yesterday. We got to 502,209! I'm shocked. I can't image why anyone would voluntarily choose to travel right now. Go figure. It has probably never been safer from a virus standpoint then it is right now. Not to mention months of shut in and less crowds making the travel experience muc...

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by UpNAWAy
Mon Jun 08, 2020 6:53 pm
Forum: Non-Aviation
Topic: Trump vows to end violence now
Replies: 171
Views: 9102

Re: Trump vows to end violence now

He didn't try and invoke it he threatened to invoke it if..., it that's an important distinction. It was also invoked by LBJ and Bush and don't recall any media push back. When it was used under GHWB, the governor of California asked him for help. It wasn't that Bush just decided he didn't like pro...

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by UpNAWAy
Mon Jun 08, 2020 6:43 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - June 2020
Replies: 285
Views: 16366

Re: COVID-19 Non Aviation Thread - June 2020

https://www.cnbc.com/2020/06/08/asympto ... -says.html

It was a giant political theatrical farce!
-->

And we shut down the world for nothing!

https://www.cnbc.com/2020/06/08/asympto ... -says.html

It was a giant political theatrical farce!

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by UpNAWAy
Sat Jun 06, 2020 8:36 pm
Forum: Non-Aviation
Topic: Racism in the World
Replies: 33
Views: 1500

Re: Racism in the World

There is no better place in the world for a non White to live than in the USA which makes all of this seem nonsensical at times. It is much more a political problem in the US than an actual; race one.

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by UpNAWAy
Sat Jun 06, 2020 8:30 pm
Forum: Non-Aviation
Topic: Trump vows to end violence now
Replies: 171
Views: 9102

Re: Trump vows to end violence now

He didn't try and invoke it he threatened to invoke it if..., it that's an important distinction. It was also invoked by LBJ and Bush and don't recall any media push back.

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by UpNAWAy
Fri Jun 05, 2020 1:45 pm
Forum: Civil Aviation
Topic: AA announces executive cuts - new COO
Replies: 27
Views: 6761

Re: AA announces executive cuts - new COO

The market doesn't agree up another 35% this morning, that's insane the last 2 days.

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by UpNAWAy
Thu Jun 04, 2020 10:28 pm
Forum: Civil Aviation
Topic: AA announces executive cuts - new COO
Replies: 27
Views: 6761

Re: AA announces executive cuts - new COO

I agree cash burn, not profit right now is the main concern and goal. If AA can drop they burn down significantly for the 3rd qtr and get close to break even by 4th qtr no BK will be on the horizon.

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by UpNAWAy
Thu Jun 04, 2020 10:05 pm
Forum: Civil Aviation
Topic: AA announces executive cuts - new COO
Replies: 27
Views: 6761

Re: AA announces executive cuts - new COO

A new HQ was desperately needed. Would you have preferred it be architecturally ugly?

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by UpNAWAy
Thu Jun 04, 2020 10:02 pm
Forum: Civil Aviation
Topic: Updated: American Airlines Business & Finance Discussion
Replies: 354
Views: 65635

Re: FT: Investors bet AA will file for BK

Imo, traffic is just not there and throwing capacity is merely going to increase the bleeding. Just yesterday per Kirby at United employee town hall, he stated that this week their traffic was down 92% compared to last year. United carried a bit over 40,000 revenue passengers daily early this week ...

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by UpNAWAy
Wed Jun 03, 2020 1:11 pm
Forum: Civil Aviation
Topic: Doug Parker makes the day for a WN FA
Replies: 37
Views: 10473

Re: Doug Parker makes the day for a WN FA

Doug is an avid reader, years ago at the HP town halls which books was he reading now, was a common question.

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by UpNAWAy
Tue Jun 02, 2020 4:27 pm
Forum: Civil Aviation
Topic: American Airlines Network Thread - 2020
Replies: 1452
Views: 204928

Re: American Airlines Network Thread - 2020

AA is ending all flights out of OAK effective June 3, 2020. The OAG thread had AA ending PHX-OAK in August, but it's been moved up. https://twitter.com/timjue/status/1267527968630247424 AA is operating 1x daily PHX-OAK right now vs 3-4x daily before coronavirus. It was going to be suspended until t...

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by UpNAWAy
Mon Jun 01, 2020 2:01 pm
Forum: Civil Aviation
Topic: AA Fleet Updates - 2020
Replies: 1118
Views: 182205

Re: AA Fleet Updates - 2020

It very well may have been the cheapest option in this case. They do fly rev flights all the time in and out of base when feasible, You are making an observation with 1/10th of the data points.

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by UpNAWAy
Fri May 29, 2020 12:13 pm
Forum: Civil Aviation
Topic: AA staff layoffs coming
Replies: 86
Views: 13304

Re: AA staff layoffs coming

There is no age limit or requirement in this offer. Age only comes into play if you want to "Retire" with lifetime flight benefits. If you are not old enough to "Retire" you can still get flight benefits for 5 or 10 years depending on the option you choose. There is no recall is ...

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by UpNAWAy
Thu May 28, 2020 2:07 pm
Forum: Civil Aviation
Topic: AA staff layoffs coming
Replies: 86
Views: 13304

Re: AA staff layoffs coming

Is there a reason why they'd state the severance as '3-6 months at 1/3 pay' instead of just '1-2 months pay'? It may be how they plan to pay it out (minimizing cash burn), rather that leaving people to assume they'll get a lump-sum of 1-2 months pay shortly after separation. Its is to keep you on p...

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by UpNAWAy
Tue May 26, 2020 7:17 pm
Forum: Travel, Polls & Preferences
Topic: Will Amazon Airlines ever use the 757?
Replies: 19
Views: 2130

Re: Will Amazon Airlines ever use the 757?

No, Amazon Prime Air doesn't exist to make money, it is to control cost and control deliveries. Why would they want to get into the small margin PAX business? After 9/11 Microsoft had enough cash on hand to buy most every airline in the US, the fact that no capital venture or tech companies did that...

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by UpNAWAy
Fri May 22, 2020 4:10 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - May 2020
Replies: 435
Views: 23897

Re: COVID-19 Non Aviation Thread - May 2020

Over 800,000 Americans died of the Flu in 1969! And she didn't list fact she just listed her opinion!
Compare it to Pneumonia and flue by age groups shows one the real story, not the false fear story.

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by UpNAWAy
Fri May 22, 2020 2:43 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - May 2020
Replies: 435
Views: 23897

Re: COVID-19 Non Aviation Thread - May 2020

Comparing it to war is just stupid. Compare it to Flu and Pneumonia however makes sense and for every age group those are more deadly still for those under 65! And we have never stopped the world for those. Hell in 1969 almost 1 million Americans died from the flu and we had Woodstock and Monterey f...

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by UpNAWAy
Fri May 22, 2020 12:48 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - May 2020
Replies: 435
Views: 23897

Re: COVID-19 Non Aviation Thread - May 2020

I have no conspiracy ideas at all, but amazing in a world were no one agrees on anything we all agreed without question on this? And just look at the deaths this is a disease that effects people over 80 and up. The numbers of deaths under 60 are not even statistically relevant and those folks 95+% ...

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by UpNAWAy
Fri May 22, 2020 12:45 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - May 2020
Replies: 435
Views: 23897

Re: COVID-19 Non Aviation Thread - May 2020

A relatively healthy person under 50 has more risk of getting struck by lightening than dying from covid, so why are we acting like this is a deadly plague, it is not. We could have done some very basic things like some reasonable social distancing and increase hygiene and enhanced measures for the...

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by UpNAWAy
Thu May 21, 2020 11:03 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - May 2020
Replies: 435
Views: 23897

Re: COVID-19 Non Aviation Thread - May 2020

A relatively healthy person under 50 has more risk of getting struck by lightening than dying from covid, so why are we acting like this is a deadly plague, it is not. We could have done some very basic things like some reasonable social distancing and increase hygiene and enhanced measures for the ...

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by UpNAWAy
Thu May 21, 2020 10:20 pm
Forum: Non-Aviation
Topic: How the Economy Recovers and We Get Back to Work
Replies: 173
Views: 10094

Re: How the Economy Recovers and We Get Back to Work

I am surprised that liability insurers for businesses haven't advised policy holders that their insurance won't cover claims related to pandemics or epidemics. Many businesses won't open, even under limited rules, as don't want to lose their personal assets or business ruined by lawsuits that won't...

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by UpNAWAy
Thu May 21, 2020 10:14 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - May 2020
Replies: 435
Views: 23897

Re: COVID-19 Non Aviation Thread - May 2020

I have no conspiracy ideas at all, but amazing in a world were no one agrees on anything we all agreed without question on this? And just look at the deaths this is a disease that effects people over 80 and up. The numbers of deaths under 60 are not even statistically relevant and those folks 95+% h...

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by UpNAWAy
Thu May 21, 2020 9:19 pm
Forum: Non-Aviation
Topic: COVID-19 Non Aviation Thread - May 2020
Replies: 435
Views: 23897

Re: COVID-19 Non Aviation Thread - May 2020

It is now pretty obvious this was the biggest scam in world history. The only question was it controlled and centrally planned or just a natural reaction by a bunch of opportunist? Amazingly disappointing at the American public in particular for surrendering their lives so easily. It doesn't bode we...

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by UpNAWAy
Wed May 20, 2020 4:55 pm
Forum: Civil Aviation
Topic: Updated: American Airlines Business & Finance Discussion
Replies: 354
Views: 65635

Re: FT: Investors bet AA will file for BK

Gotta raise that cash somehow... American Will Pledge The AAdvantage Program To The Federal Government Within 6 Weeks https://viewfromthewing.com/american-will-pledge-the-aadvantage-program-to-the-federal-government-within-6-weeks/ So they just pledged the most valuable asset they have to get that ...

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by UpNAWAy
Wed May 20, 2020 3:10 pm
Forum: Civil Aviation
Topic: Updated: American Airlines Business & Finance Discussion
Replies: 354
Views: 65635

Re: FT: Investors bet AA will file for BK

‘All the excess cash will go to debt repayments’ Like they’d have a choice at that point I’ve been saying this for years though, the last few years have been incredibly good for the US major airline industry They had the opportunity to pay off most of their debt and build substantial cash reserves ...

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by UpNAWAy
Wed May 20, 2020 1:53 pm
Forum: Civil Aviation
Topic: Airport numbers for the 1st quarter 2020
Replies: 7
Views: 1812

Re: Airport numbers for the 1st quarter 2020

As others have said YOY is pointless. The only numbers that mater now will be MOM for the next year at least.

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by UpNAWAy
Wed May 13, 2020 8:06 pm
Forum: Civil Aviation
Topic: Boeing CEO: A major US airline likely will go out of business this year,
Replies: 308
Views: 41549

Re: Boeing CEO: A major US airline likely will go out of business this year,

It would be more like 1 million+ jobs when you factor in all the vendors, airport staff and 3rd parties that get a huge % of their revenues from AA.

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by UpNAWAy
Fri May 08, 2020 12:51 am
Forum: Civil Aviation
Topic: American Airlines Network Thread - 2020
Replies: 1452
Views: 204928

Re: American Airlines Network Thread - 2020

Looks like it went out about 60% full.

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by UpNAWAy
Tue May 05, 2020 3:21 pm
Forum: Civil Aviation
Topic: BBC: how Mahan Air flies virus to Iran from China and then from Iran to rest of ME
Replies: 4
Views: 1217

Re: BBC: how Mahan Air flies virus to Iran from China and then from Iran to rest of ME

There was an initial story on one of Canada's 1st COVID cases that I have not heard anymore from. But it was a Lady that Went from Wuhan, to Tehran, to Milan, then to Canada. She spent days in both Tehran and Milan about a week before both of those places blew up. She might have been a mega spreader.

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by UpNAWAy
Sat May 02, 2020 3:17 pm
Forum: Non-Aviation
Topic: Good guy with a gun doesn't win.
Replies: 100
Views: 3823

Re: Good guy with a gun doesn't win.

The US gun debate is pointless because the Constitution is crystal clear. I'd like for once anti 2nd amendment folks actually acknowledged that and start down the path to change the 2nd rather than illegally restricting gun rights. If you don't like a law change it, stop getting courts and cities to...

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by UpNAWAy
Thu Apr 30, 2020 4:49 pm
Forum: Civil Aviation
Topic: AA Reports First-Quarter 2020 Financial Results
Replies: 67
Views: 9463

Re: AA Reports First-Quarter 2020 Financial Results

Define management?

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by UpNAWAy
Thu Apr 30, 2020 2:03 pm
Forum: Civil Aviation
Topic: AA Reports First-Quarter 2020 Financial Results
Replies: 67
Views: 9463

Re: AA Reports First-Quarter 2020 Financial Results

The HUB and spoke aspect will be more important in the recovery, then everyone not flying. Especially if the recovery is slow and long.

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by UpNAWAy
Thu Apr 30, 2020 1:24 pm
Forum: Civil Aviation
Topic: AA Reports First-Quarter 2020 Financial Results
Replies: 67
Views: 9463

Re: AA Reports First-Quarter 2020 Financial Results

Didn't say the same size, said no hub closing and no reducing one hub significantly over others. Other then the already announced fleet retirements it will essentially be status quo. There will certainly have to be some adjustments as retired fleets effected some hubs more.

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by UpNAWAy
Thu Apr 30, 2020 1:18 pm
Forum: Civil Aviation
Topic: AA Reports First-Quarter 2020 Financial Results
Replies: 67
Views: 9463

Re: AA Reports First-Quarter 2020 Financial Results

800 million in refunds for 1st quarter will be about 1.2 billion in 2nd qtr. Drops off to 200 million in June.

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by UpNAWAy
Thu Apr 30, 2020 1:13 pm
Forum: Civil Aviation
Topic: AA Reports First-Quarter 2020 Financial Results
Replies: 67
Views: 9463

Re: AA Reports First-Quarter 2020 Financial Results

Vasu Raju just said no hub closing or big retrenching (so lets don't go there).

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