American Airlines loses $3.3 million a day

[jimntx]

Oh! Maark767 doesn't like me. Boo-frickin-hoo. And, when you learn to read AND comprehend, you might realize that I never said that English is boring.

 

[Maark767]

Oh! Maark767 doesn't like me. Boo-frickin-hoo. And, when you learn to read AND comprehend, you might realize that I never said that English is boring.

Sory I neever made it out of the sixx graide. Get a life...

 

[FWAAA]

But - doesn't it appear that AA is moving into the "cash-burn" position similar to what Carty did before breaking the "Bad News"?

No.

In most of 2002 and early 2003, AA was burning about $5 million of cash each day, spending $5 million more each day than it brought in. In the first quarter of this year, AA brought in $5 million more cash each day than it spent. Cash generated from operations was $449 million in Q1.

It doesn't appear to me that AA is moving into any cash-burn position. YMMV.

 

[The Goose]

No.

In most of 2002 and early 2003, AA was burning about $5 million of cash each day, spending $5 million more each day than it brought in. In the first quarter of this year, AA brought in $5 million more cash each day than it spent. Cash generated from operations was $449 million in Q1.

It doesn't appear to me that AA is moving into any cash-burn position. YMMV.

That was a point of curiousity - many things internally seem to be the same as 2003.

 

[eolesen]

AA's got 4x as much cash, half the long and short term debt, and fuel is 3x more expensive... Other than that, yep, it sure is like 2003.

 

[local 12 proud]

AA's got 4x as much cash, half the long and short term debt, and fuel is 3x more expensive... Other than that, yep, it sure is like 2003.

Were anxiously awaiting the "GUN" to our temples here in Tulsa?

The CompAANy and the Union have no idea!

Lets start with 17 1/2 reasons They can't get one out on time, Now throw in the lost vacation, sick time, gutted contract!!!!!

What happened to the light lines the idiots ask?