OK, how about some "objective" doom and gloom...................

“We cannot afford to retain all the aircraft currently in the American and American Eagle fleets at their current rates, and so we have no choice but to make substantial reductions"

“Additionally, to conserve our liquidity, subject to the requirements of the U.S. Bankruptcy Code, during the 60-day Section 1110 period, we plan to make payments when due of aircraft rent and mortgage principal and interest payments only on certain aircraft in our fleets,” the company adds"

Aviation Week Nov. 30, 2011
By Darren Shannon

So there it is. Will the company cease-No.

Will there be reductions (read-less aircraft, ie, less piolts) Yes.

Should a 5 or 10 year seniority pilot be worried-Only about the coming pay cuts!

Should anybody hired this year (or last) be concerned-Keep sending out those resumes and keep interviewing. You don't have to accept an offer but keep multiple eggs in your basket!!