Does anyone think this place won't go chapter 7 if they have to retrain 800 pilots?

I think by filing ch 11 they took a gamble with the whole company. If they get around sham ISL somehow, they will survive. If not, the whole place is going to liquidate.

I think it would have been cheaper to just continue the status quo but they are betting the company in hopes they wont' have to displace and retrain everyone.