Well, we're hardly there yet. Again, the creditors commitee has reps with almost certainly different interests and it's not unreasonable for some creditors to promote one thing while others promote something else. At that point, the judge decides whose interests prevail. If Boeing and Airbus go for a stand alone AA as the best thing for them and the 3 banks all want a Gordon Gekko style breakup, I suppose the unions will also give their support toward one or the other and then the judge rules. In fact, I'd think AMR didn't woo either Boeing or Airbus only to have them turn against them in the very bankruptcy they planned ahead for and almost certainly laid out for both parties ahead of time. They represented to everyone (media included) that Chapter 11 wasn't on the table and then filed with everthing lined up far too quickly for that to be true.

It was a classic 4 billion dollar snookering.

Every party will make their pitch. The problem is that AMR expected hostilities from outside, but I'm not sure how prepared they are to defend themselves from within. Again.......and let's face it, these guys aren't making a whole lot of friends.