Comparing apples and oranges. You think airlines have ever behaved financially like ANY other business? How many business declare BK as much as airlines? UA and DL are in the exact same spot AA was a short time ago when you were already tossing stones at AA. You act like things are going to change with regard to historical data on airlines, then you think things will never change with regard to the Covid environment.

Will AA declare BK? Yes. So will DL/UA. I I’ve got 20’ish years left. I’ll bet I see 2 maybe 3. It’s the business.

Honestly, from a pilots perspective: I think now would be the best time for AA to declare. You wouldn’t see any cuts for the pilots unless all 3 went down at the same time. All three are already having problems recruiting pilots. If AA’s pilot pay was gouged that would be the end of the pilot pipeline.

This all seems like common sense to most of us. You’ve got to see the bigger picture. There is so much more involved that the numbers we are posting.