Shy this statement shows how ignorant you really are. If you call pointing out the negative aspects of a bankrupcy fear mongering then you really don't have any understanding of what is going on here.

Obviously you have never worked at a company that has gone through something like this or you wouldn't make such an asenine statement.

If you don't think liquidation is a possibility in bankruptcy, particulary for a company that owns very few of its own aircraft, then you are very naive. DIP financing is a challenge for carriers that have plenty of assets to use as collateral. For regional carriers like Pinnacle its even more of a challenge because the company's aircraft are largely owned by Delta. Bankruptcy is a very different process with the new laws, and creditors have more power than they used to.