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Originally Posted by OscartheGrouch
Carl,
BK rules and laws protecting assets that should have been sold to pay creditors?
You confuse chapter 11 with chapter 7. With chapter 7, what you state above is correct. With chapter 11, only assets that are seen
by a judge to help turn the company around are protected...everything else is sold. Or maybe you're not confusing them at all. You realize that you're saying that NWA, DAL, UAL, CAL, etc should have had all their assets sold to pay creditors? That would have only left SWA and a few others after 9/11. I get it now.
Quote:
Originally Posted by OscartheGrouch
I see, it it is okay to do that and then when you want to swap slots to create a monopoly at given airports or pick those who you will compete with that is also okay?
That is pretty unintelligible. Don't see how the BK process has anything to with this...if I even understand what the heck you were trying to say here.
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Originally Posted by OscartheGrouch
...it was not pleasant to see the award miles increased to a level which also decreased my value and "investment" after BK.
I'm pretty disappointed in my SWA mileage account as well.
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Originally Posted by OscartheGrouch
As an employee of a competing airline I certainly don't trust DAL/NWA to do anything ethical if they can get away with holding on to valuable slots through BK and a merger. Do I fault them for the BK laws --- No. I will certainly not trust them to do the right thing especially when they wish to hand slots to "anyone but" SWA.
The Oscar
Does SWA do the right thing when they come to a city pair with 29 dollar fares until the others are scaled way back - then become the airline with the highest fares?
Carl