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Thread: US adds new fees, charges for drinks, ends all elite bonus miles (Merged Threads)
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Old Jun 13, 2008 | 11:21 am
  #187  
tommyleo
 
Join Date: Sep 2006
Location: PHL
Programs: Former long-time US GP; now AA dirt
Posts: 4,904
Originally Posted by humanoid94
If US does not think they have a sustainable business model, and they do not think their business model will become sustainable in light of their projections of future fuel prices, the best option for their shareholders is to Chapter 7 immediately and try to preserve as much capital as possible.

While Chapter 7 may be the best move to allow US to survive, wouldn't Chapter 7 wipe out all shareholder value? Or does it depend on the structuring?
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