Old 09-13-2012, 05:55 AM
  #6  
eaglefly
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Joined APC: Jun 2008
Posts: 8,350
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Going to have to stick it out till next May, but maybe sooner if the UCC backs AMR's stand alone plan and it's accepted by the court leading to chapter 11 exit. Few have any interest in further negotiations with this management, although the APA may posture that, the pilots aren't interested in anything not industry leading now. I think the UCC and AMR are on their own now and the remainder of the BK process should be about legal recourse to the 1113 abrogation.

No hurry now for the pilots as we are where we are. The claim is still valid, although likely greatly reduced, but I'll happily take a 1/3 or 1/2 claim to kick this can past chapter 11. I think AMR will need one more exclusivity extention to put in place their stand alone POR and ensure the UCC is on-board for the crap game of crap games next summer.

Jack was indeed wrong when he told the court a consensual agreement was necessary to exit BK, as that is now all but impossible, so that is now what it is.
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