Old Feb 25, 03, 8:51 pm
Join Date: Jul 2002
Location: New Orleans, AA EXP, DL PM, SPG PLT, HH Diamond
Posts: 3,750
This has got to be a worst case scenario. Looking back at 2002 and fourth quarter cash flow figures, assuming 2003 is as bad as 2002 (it shouldn't be since AA has made so many cuts, already), ch.11 would probably come sometime toward the end of Q3 or Q4. I suspect this is to let unions know the seriousness of the situation. Good move on AA's part.
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