They are not performing blaming labor and legacy costs, but truth be told the SG&A are way out of whack due to gross mismanagement or the old Havard school model which is never make a profit pay no income taxes, by overcharging by each internal department. There are many Corp who continue to do this and get away with it. The IRS is so undermannned or polically paralyzed that they will never take action. A Big block shareholder like Appoloosa TPC Blackrock Carl Icahnn culd force a board ch ange a management change, but these folks would never touch this piece of crap. Clean house.
Arpey is not the man to deliver he need to go IMHO.
Gerald move over bring in a Chain Saw Dunlap Jr. Frank Lorenzo's daughter.
They should just go bankrupt like their COMPETITORS DID, don't you think? Lets see. Who made a profit last year? DAL, LUV, LCC, UAL etc, etc. AMR can't cover their BLOATED COST STRUCTURE. The whole industry knows it. Yep. Shorts win!!