Unlike the language in the AMFA link, which spews about a strike AND bankruptcy, I disagree. NW didn't need to push for a strike to achieve bankruptcy, so why would they traumatize themselves, employees, and passengers with this process?

I see this as a positive step, showing that they're serious about being both financially viable AND committed to their business. Of course, I'm biased ... I'm dependent on them to get me from MEM to all points, so maybe I'm just watching through red(tailed) glasses.