American Air’s $1 Price Target at Evercore Implies 92% Collapse

Re:American Air’s $1 Price Target at Evercore Implies 92% Co... by slumdev on Tuesday May 05, 2020 @09:15AM (#23079659)

This is technically correct but dishonest. These numbers are true only for American Airlines.

Every time you step on to an "American" plane that is "operated by xyz", you are not flying American Airlines. You are flying an American Eagle branded subcarrier like Republic or SkyWest. These subcarriers fly a very large percentage of "American" flights.

The pay and benefits at the subcarriers are dismal.

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Re:American Air’s $1 Price Target at Evercore Implies 92% Co... by fennecfoxen on Tuesday May 05, 2020 @09:34AM (#23079853)

This is a very interesting point in the general sense, but American Airline's impending bankruptcy is not going to affect labor agreements with Republic and SkyWest employees, because American is not a party to those agreements.

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