Replies to post #34487 on American Airlines Group Inc (AAL)

[193638]

So once again the employees of AAL are F#cked over

[Ralph Canine]

Thanks for the update. And to the discussion of the employees, well, I get the feeling that it goes both ways with union and management. They can both go at each other and be intransigent when it comes to negotiations. Kinda like what we have now with Republicans and Democrats. They hate each other and can't realize they NEED each other to survive!

[Ralph Canine]

https://fintel.io/doc/sec/6201/000000620118000042/a8k121018revolvingcreditfa.htm looks like they lowered the interest rate on these loans from 2.25% and 1.25% to 2% and 1%, pushed back the maturity date by one year from 2022 to 2023 and paid down one them from $1,200M to $1,000M while increasing another from $1,000 to $1,542M.