Originally Posted by
Finessed
When American Airlines inevitably goes under and everything is wiped out, including the flow, will you finally give it up?
So you are predicting AA will declare Chapter 7 bankruptcy, which means liquidation and going out of business?
There are a lot of things that can be done in Chapter 11 reorganization to defer bond payments, convert bonds to preferred stock, restructure or cut wages for employees (it has happened before). I predict Chapter 11, which is not even a certainty, a much more likely scenario that Chapter 7 liquidation.