{"id":36264,"date":"2022-11-01T12:24:16","date_gmt":"2022-11-01T12:24:16","guid":{"rendered":"http:\/\/www.brandon.ddtest.info\/multisite-test\/distressed-daily-american-airlines-could-target-debt-paydowns\/"},"modified":"2022-11-01T12:24:16","modified_gmt":"2022-11-01T12:24:16","slug":"distressed-daily-american-airlines-could-target-debt-paydowns","status":"publish","type":"post","link":"http:\/\/www.brandon.ddtest.info\/multisite-test\/distressed-daily-american-airlines-could-target-debt-paydowns\/","title":{"rendered":"DISTRESSED DAILY: American Airlines Could Target Debt Paydowns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!----><!----><\/p>\n<header class=\"TheArticle_header_R8qvI\"><!----><\/header>\n<p><span>Nov. 1, 2022, 12:00 PM<\/span><!----><!----><\/p>\n<aside data-test=\"article-toolbar\" class=\"TheArticleToolBar_buttons_1KnBV TheArticle_toolBar_3aGVC\"><!----><!----><!----><\/aside>\n<article data-test=\"article-body\" class=\"TheArticle_article_1WieB\"><!----><\/p>\n<div class=\"TheArticle_wrapperCta_36F7M\">\n<div><!----><\/p>\n<div class=\"QvNnGjy8J7gi\">\n<div>\n<p>American Airlines Group Inc.\u2019s record third quarter might give the company room to address its debt load. <\/p>\n<p>The airline is likely to soon return to 2019 profitability levels, giving it room to pay down near-term maturities or repurchase its debt at a discount next year, Bloomberg Intelligence analysts <bsp.person state=\"{&quot;_id&quot;:&quot;00000184-3311-d6b7-a197-3b1926cf0001&quot;,&quot;_type&quot;:&quot;00000160-6f41-dae1-adf0-6ff519590003&quot;}\">Philip Brendel<\/bsp.person> and <bsp.person state=\"{&quot;_id&quot;:&quot;00000184-3311-d6b7-a197-3b1926cf0002&quot;,&quot;_type&quot;:&quot;00000160-6f41-dae1-adf0-6ff519590003&quot;}\">George Ferguson<\/bsp.person> wrote in a recent note. <\/p>\n<p>With about $14.3 billion of liquidity at the end of the third-quarter, American could pay off some $4.3 billion of debt and still be within its target cash range, according to the note. That could save the company around $140 million in &#8230;<\/p>\n<\/div>\n<\/div>\n<p><!----><!----><\/div>\n<\/div>\n<\/article>\n<aside data-test=\"article-side-rail\" class=\"TheArticle_sideRail_1WlzC\">\n<div data-test=\"article-contributor\" class=\"TheArticlePersonCard_card_2_q5p\"><img src=\"https:\/\/db0ip7zd23b50.cloudfront.net\/dims4\/default\/a804ee6\/2147483647\/legacy_thumbnail\/80x80%3E\/quality\/90\/?url=https%3A%2F%2Fbspot-prod.bna.com%2Forca%2Fapi%2Frendition%2Fshow%2F2908835%2Forca77428.png\" alt=\"Kevin Simauchi\" class=\"TheArticlePersonCard_avatar_3dY3N\"\/><\/p>\n<div>\n<p> Kevin Simauchi <\/p>\n<p>Bloomberg News<\/p>\n<\/div>\n<\/div>\n<p><!----><!----><\/aside>\n<p><!----><\/p>\n<div aria-hidden=\"true\" class=\"TheArticle_printFooter_2q7yt\">\n<p> \u00a9 2022 The Bureau of National Affairs, Inc. <\/p>\n<p>All Rights Reserved<\/p>\n<\/div>\n<p><!----><\/div>\n\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiamh0dHBzOi8vbmV3cy5ibG9vbWJlcmdsYXcuY29tL2JhbmtydXB0Y3ktbGF3L2Rpc3RyZXNzZWQtZGFpbHktYW1lcmljYW4tYWlybGluZXMtY291bGQtdGFyZ2V0LWRlYnQtcGF5ZG93bnPSAQA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nov. 1, 2022, 12:00 PM American Airlines Group Inc.\u2019s record third quarter might give the company room to address its debt load. The airline is likely to soon return to 2019 profitability levels, giving it room to pay down near-term maturities or repurchase its debt at a discount next year, Bloomberg Intelligence analysts Philip Brendel &hellip;<\/p>\n","protected":false},"author":1,"featured_media":36265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[161],"tags":[],"_links":{"self":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/36264"}],"collection":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/comments?post=36264"}],"version-history":[{"count":0,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/36264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media\/36265"}],"wp:attachment":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media?parent=36264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/categories?post=36264"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/tags?post=36264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}