Isn't it just as possible AA is playing hardball with this announcement and is hoping it gets concessions? A month ago, Eagle was projecting 500 new hires in 2012. I don't see how a bankruptcy everyone knew was coming changes things completely. Eagle may end up smaller, but there is some reason to believe hiring will have to resume because retirements are coming in 2012 thanks to the age 65 rule. Crucify me for being slightly optimistic, but this news doesn't fit with what we're seeing in an economy that is growing, even if it is at a small rate.