Originally Posted by
animon99
In the media AA says it won’t stop flying ..and they have 4 b dollars set aside for operational purposes …but the reality is it not AA decision anymore the bankrupsy court judge can shut them down in days …
Is there some reason you want to create hysteria? But of course "4 b" dollars may not be enough to keep flying. (Is that suppose to be 4 Billion or is that some "code"? LOL!) As others have pointed out this isn't going to happen. Neither the courts NOR the creditors want that. (Trust me my company filed last year, we had a LOT fewer assets and no where close to that type of "operating fund" and our creditors started bending over backwards. Some money beats no money!)
Originally Posted by
MR_MAMA
Which the judge won't do. Almost every airline has declared bankruptcy
Actually according to the Wall Street Journal AA is the last of the "legacy" US carriers to declare so now it's a clean sweep. I assume that the so-called "low cost carriers" will join them some day.
I bought tickets on DL and NW throughout thier "bankruptcy" and expect that I would do the same on AA.