"Income Stability" matters to lenders. Chapter 7 will affect your ability to get a loan, because everyone including you will be unemployed, except for a handful of admin people (like you can count the number on one hand).

I've never been asked about my employer's status in that regard for any loan but in the case of a big public company like an airline I'd assume the bankers will know or google will tell them about a chapter 11 filing. They'd presumably consider that. The bigger and longer the loan, the more they'd be concerned.