View Single Post
Old 12-04-2011 | 01:20 PM
  #82420  
Carl Spackler's Avatar
Carl Spackler
Back on TDY
 
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
Default

Originally Posted by acl65pilot
That is why I truly wonder if they are going to survive this trip in to CH11. It is self evident that they recognize this by not applying for DIP financing. They really are a merger fragmentation target.
Totally up to the judge and how much HE decides to delete of AMR's debt. Debt is the key to AMR's exit from bankruptcy in any recognizable form.

Carl