Even now.... what's the future hurdles?

1. The lease liabilities, which runs over 10 billion currently.
2. The insane commitment to buy 100 billion worth of airplanes.
3. The depreciation of leased assets. Yup. It's leased planes has a age factor.
4. Can the shareholder trust the boss not to simply bet on its hedges?
Last but not least covid wasn't the reason why the company is in such a hold. COVID only exposed its failings.

You are welcome.

The condensed income statement is useful too!

https://www.malaysiastock.biz/GetReport.asp...021%20Final.pdf



As you can see, the big ticket items ...

1. Depreciation of right of use asset = 416m per quarter
2. Lease liabilities = 115m per quarter
3. Finance costs = 50m per quarter

and yeah... staff cost ~ 120 million per quarter...

Yea... if I do a simple rough count, that's close to 700m per quarter.

and the Aviation revenue was only 118m.... even if Aviation revenue increases 3 fold, revenue will only be around 450 million...
As you can see, it's a long way off now for AA to even register a profit.... and TIME is never a friend of a lousy business....
the leased airplanes will depreciate more as time passes.....
the shelf live tioo.......
yup...... AA will have to take in new planes in the future too, but how? Which sky will the money drop from? Borrow again?

And also, will the company acknowledge that...

1. They were wrong to place the orders for so many planes?
2. They were wrong to distribute the bulk of the money they raised from their sale and leaseback?
3. They were wrong to issue a special placement of shares to the 2 big boss, just b4 they gave out the money stated in (2)

I wonder......