Originally Posted by
Lincoln Osiris
So you think the c-suites master plan after the merger is declare chapter 11 on purpose to cut down costs? I'm sure their shareholders would love to know that. What past airlines have merged THEN immediately declared bankrupcy because of it?
I don't think Ch 11's the master plan, but I can almost guarantee you that Ch 11's a plan should this merger not work out perfectly.
I suspect that the c-suite sees a likelihood of Ch 11 with or without a merger. They likely prefer to enter Ch 11 as a larger airline rather than a smaller one.
And it wouldn't be immediate; the combined company would be able to stay afloat for at least a couple of years.