Can someone educate me about Bankruptcy and its relationship to airlines. BK does not mean the company will go away, right?
Didn't Mesa declare BK and they are still well? How about Majors, AA/United/Delta all filed at one point yet they are doing better than ever, no?
So why is RAH BK so bad for its pilot group? Again, I'm just an ignorant pilot so please school me.

Cheers!