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Non-Tech : Airline Discussion Board
JETS 22.24-1.4%Jan 14 4:00 PM EST

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To: Sam who wrote (1613)7/23/2021 2:16:38 PM
From: Art Bechhoefer1 Recommendation

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Moonray

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I doubt that American Airlines is anxious to reduce its debt, especially if the debt carries fixed interest rates. We are entering into a period of inflation that will most likely result in higher interest rates on any new debt. They'd be wise to hold onto their existing debt, especially if the interest rate on that debt is comparatively low.

In my latest flight (on American from Rochester, NY to San Francisco), I noted that the Chicago – SFO of the flight was listed jointly under several airlines, indicating that American had effectively leased seating to other airlines to fill all the seats. The entire flight to and from was filled to capacity. Given that they provided only pretzels and soft drinks and no other amenities, I can't see how they possibly could NOT make money on these flights.

Art
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