Started By
Message

re: American Airlines down to .26 cents a share...

Posted on 12/7/11 at 11:03 am to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5689 posts
Posted on 12/7/11 at 11:03 am to
Agree with everything you said.

The only good investment from airlines are their Enhanced Equipment Trust Certificate (EETC) bonds. Those at least are collateralized by the airplanes and hangars. Historical 95+% recovery value and they trade that way. Bids for these have actually been slightly higher since the Ch.11 announcement.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram