Originally Posted by Flyby1206

The difference being Jetblue has more valuable assets that would go to the highest bidder in a Ch7 liquidation. If you are interested in our slot portfolio (JFK mainly) then waiting til Ch7 would risk competition from other carriers bidding as well.

Who needs the JFK assets the most? I would argue AA. And waiting til Ch7 risks others like UA/WN/F9/etc taking chunks of that.

Will it happen? Probably not, but I don't think it is a crazy scenario to imagine AA making an attempt in the next few years. Ch7 liquidation is a much less percentage likelihood in my mind.