If you google airlines stocks to invest in you will see a breakdown of why Alaska compared to AA and Delta is superior in its position both for its lack of debt and ability to create cash flow. I agree the airlines are all in trouble but the stats say that Alaska is at the top for the ability to werather this storm and nonsense and be back t profitibility faster than some of its larger competing airlines so I would be depressed and shocked if Alaska were to ever file BK.