Once AA signs new labor contracts, they'll "bounce back". They currently have just under 6 billion in cash; plenty to sustain them in a worse case scenario. Plan on AA adopting the same C scale as new Southwest hires which will greatly reduce labor costs.
American is one of the few legacy carriers to avoid bankruptcy. Arpey & Horton deserve most of the credit. Hog or not, expect Arpey to resolve the impending labor contracts, grow the airline organically & expand AA's customer base.
