nycbusdriver
Veteran
I truly feel bad for the employees of AMR. There is nothing so disheartening than having your company file for bankruptcy.
Now before you guys jump all over me and try to make this into a call to arms with your different opinions and stab in the eye tactics please keep in mind that there are real people over there with real worries about their futures.
I wish the best for them and hope every thing works out well for them. Hopefully they will not lose their pensions. God, I hope not.... 🙁
Please keep this in mind before you start slicing and dicing them.
I agree with you.
But I think that the folks over at AA have less to worry about than the folks at LCC. Chapter 11 or not. They are in better shape for the future, even with bankruptcy, than LCC is. And that is assuming that AA will emerge from Chapter 11 as a stand-alone carrier and LCC will still be flapping in the desert breezes by itself.
I feel this way because, if for no other reason, they have competent management. LCC's? Not so much.
Oh....and the $4 billion in unrestricted cash is a nice plus, too.
this is going to be fun!