One more point!

Hopeful

Veteran
Dec 21, 2002
5,998
347
All during negotiations, AMR claimed they were losing $5 million a day. All of a sudden it''s $11 million a day as reflected in yeterday''s first quarter results. Guess what my friends! This goes to show that these concessions wrangled out of us just won''t cut it. We were and still are headed for bankruptcy court.
 
No, it's called simple math.

Once we are in bankruptcy court, you and all the naysayers are going to see that we are in such enormous debt, AA may have to liquidate or at least sell assets.

Remember, AA was borrowing money to buy fuel while your admired Cart & C0. were feathering their nests.
 
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On 4/24/2003 9:17:10 AM Hopeful wrote:

All during negotiations, AMR claimed they were losing $5 million a day. All of a sudden it''s $11 million a day as reflected in yeterday''s first quarter results. Guess what my friends! This goes to show that these concessions wrangled out of us just won''t cut it. We were and still are headed for bankruptcy court.

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You don''t make your living reading financial statements, do you?