The following is a business perspective of the struggle. As pilots we see it as protecting our profession. This is reality from creditors viewpoint.

There is no DIP in this bankruptcy case. AA has plenty of cash. But they do owe 'lot' of money to creditors, bond holders etc. So the Unsecured creditors committee (UCC) is running the show. The less money the employee's mange to get the more money creditors will get. They hold 4 A's. The losers are always the employees but for some reason every new bankruptcy case, the work groups seem to forget how this nasty mess they call bankruptcy works. Emotions are high and 'rational' is thrown out the window. Each work group seems to think the bad stuff is only happening to them . Every major airline has filed bankruptcy and every employee at every company has had the very same 'benefits' reduced. Now some carriers have reaped the benefits of lower costs and some work groups are being rewarded. Problem is AA's employees watched all these airlines suffer thru the same fate but now AAers think it doesn't apply to them. The sad truth is it does. Its a nasty business. Thats why they call it bankruptcy. Its a no win. Some of the more vocal haters just need to deal with it and accept the fact that this is the way it is. If the haters aren't careful, the creditors could throw their hands up and say Chapter 7 and sell off assets to get their money. Its that simple.