Msg. 36689 of 45651 (This msg. is a reply to
36686 by
Decomposed)
Jump:
No chit DE, what bullchit. They do this for their self preservation. It is the new wave, Budget bust, file BK, save the stash........private jets, big cars, multi mega homes etx, You know, the little stuff.
In my simplistic view of things LOL
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
Is it just me, or does this sound disingenuous? "in the best interest of... shareholders"??? When was the last time shareholders came out ahead as a result of bankruptcy??? Aren't shareholders the very first ones who get screwed? (They should be.)
I don't own any airlines, but Continental/United continues to hold my interest. It will therefore be interesting to see what UAL does today. The company is healthy. This week, it just ordered 200 new jets from Boeing and Airbus.
November 29, 2011
American Airlines files for bankruptcy protection
American Airlines and American Eagle's parent companies file for bankruptcy protection
Associated Press
FORT WORTH, Texas (AP) -- American Airlines and American Eagle's parent companies are filing for bankruptcy protection.
AMR Corp. and AMR Eagle Holding Corp. said Tuesday that they filed voluntary petitions to reorganize, saying it's in the best interest of the companies and its shareholders.
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