Originally Posted by gettinbumped

I think that's a bit simplistic. Going Ch11 just because we are in tougher economic times and they want to nullify a pilot contract isn't reasonable. In the history of LUAL we have had 1 Ch11 filing and it took 9/11 to make it happen. In my opinion the threat of negotiating during a recession 2 years from now is much stronger than the risk of going Ch11 within 4. There are a LOT of very rich people and corporations with a LOT of influence who are very invested in making sure we don't go that route. Just think how obsessed with the stock price SmallStack was! Now imagine if the threat was for the stock to go to zero.