Originally Posted by
Mason32
Then AMR will be in the position to force a contract down the union's throats on their own terms, or simply bankrupt the company....
That's EXACTLY right. AMR and CAL just had more cash/assets/etc. to burn post 9/11 then the others and are just getting their "houses" in order before they get "theirs" through the courts.
IMHO, it will be a small miracle if both do not see bancruptcy courts in the not so distant future and why neither want to own subsidiaries at this point.
If the bancruptcy process is in their future, watch how fast they move towards mergers and assets when it's "safe to go back in the water".