Looks like Parker is really pulling the stops out courting the creditors. Rumor has it chocolate and flowers arrived recently.

Considering the non-union creditors aren't impressed with managements "turn-around" plan of pulling a few seats out of 737's and strengthening the 4 cornerstones, it's going to get interesting. Also considering the across-the-board annihalation of all AA labor that's being lobbied hard by AMR, I think interest in U (for better or worse) will increase provided any deal has the language to back itself up.

Sadly, it seems the four "cornerstone" plan makes little sense as already NYC has been virtually handed over to others and is proposed to be handed over even more via code-share with JB at JFK and Eagle taking over LGA with large RJ's, while the West coast will be feasted upon by Alaska in another code-share. That leaves the 4 cornerstone plan really a wobbly 3-legged stool destined to collapse further, IMO. If anyone truly believes this Chapter 11 is anything OTHER then simply a labor-gutting, union-busting exercise, they need only compare the plan to turn AA around vs. the 1113 labor destruction appeal to judge Lane. Not sure how many pages the former describes, but the latter is a staggering, mind-altering, incomprehensible 6,500 pages.

I think the next 6-8 weeks should reveal the future of AA and what business plan takes the lead and where the employees will focus their efforts.