What is exactly correct. The majority of senior pilots either think this wont happen or really don't care. Most of the junior pilots do. In APA's recent teleconference they admitted this possibility, but are so terrified of the BK process to fight it. It is even described in the TA scope language as the "New Entrant Carrier".
It's been AMR's goal to turn AA into a smaller International and long-range domestic carrier and it sounds like its about to happen. I think Eagle and others will take over a lot of the current domestic.