Recap: Airline Labor Unions Want Another Bailout, AA Valuing AAdvantage At $19.5+ Billion & More

 

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NY
NY (@guest_1006611)
June 29, 2020 21:51

Companies enjoy all the upside risk, taxpayers take on all the downside risk. Unbelievable. No wonder people are in the streets rioting…these businesses get multi-billion dollar lifelines and politicians are complaining that paid leave policies are “too generous.” The local food bank gave out FIVE HUNDRED BOXES last week in THREE hours…and you’re telling me giving people PTO is “too generous?!”

Give me a break.

Ben
Ben (@guest_1006589)
June 29, 2020 21:16

#TheFreeLoadersAreAtItAgain

Alan
Alan (@guest_1006463)
June 29, 2020 17:25

Are these businesses in the business of lobbying or do they actually do something productive. In addition many businesses don’t pay much in taxes any more either. People need to wake-up and realize that these are our dollars, taxpayers money! This is wrong on so many levels. Capitalism is completely dead!

Master Allan
Master Allan (@guest_1006406)
June 29, 2020 15:28

Good grief whatever happened to business accountability? There is a total ignore of preparation for market forces out of our control except the overbegged bailout bailout bailout. If my business was party themed “bobbing for apples” events would I go appropriately out of business this summer or beg for government assistance and uselessly restructure in bankruptcy court? I do fly, cruise, and eat-out occasionally – how about those industries actually prepare for a rough time in business instead of having a secured benefactor within the U.S. government?

debit
debit (@guest_1006196)
June 29, 2020 10:33

Bailout: noun, american english, early 21st century.
A white collar method of stealing without getting shot or choked by the police. Bonus, you get to lecture others about pulling yourself by your bootstraps in a few years. Helps if you strut your capitalist and conservative credentials around while begging for help while still maintaining you are self made.

Jay Gee
Jay Gee (@guest_1006225)
June 29, 2020 11:06

Debit: noun, see “blowhard”

Zac H
Zac H (@guest_1006195)
June 29, 2020 10:31

According to TPGs latest valuation AAdvantage should be: $34.5B, according my realized value: About $3.50.

Jenny
Jenny (@guest_1006227)
June 29, 2020 11:09

As a sidenote, The SEC filing states 19.5B to 31.5B

YoniPDX
YoniPDX (@guest_1006445)
June 29, 2020 16:51

Is this valuation in Zimbabwean dollars?

I have one of the 50 trillion notes

https://en.m.wikipedia.org/wiki/File:Zimbabwe_%24100_trillion_2009_Obverse.jpg

Frank
Frank (@guest_1006175)
June 29, 2020 10:16

Airlines want billions more and all I ask for is my damn refund…

Hari
Hari (@guest_1006198)
June 29, 2020 10:34

I’m gonna have to call and modify Cathay Pacific booking made via AA. Its going to be interesting if I can get a hold of both of them and request change/refund.