Originally Posted by slowplay

My prediction: APA will negotiate an agreement with AMR management prior to June 22. That will buy them time. If they go to June 22 without an agreement it is my view their contract will be rejected. Look at the history over the last decade...judges throw out contracts and don't take the union side.

AMR management has conditional exclusivity...so the creditors can pull down AMR managements exclusive rights prior to September. The 3 unions only need to get 2 more creditors on board to derail management's plans. That's a tough business case to make in front of folks that want more of the pie, but at least they have a shot.