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On 4/11/2003 11:27:16 AM jj wrote:
Maybe if we all vote yes all the planes that were parked in the desert and a new order of 717s and 737s will bring back everone and we all live happily everafter!Maybe im crazy?
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Maybe.
From the Definitely Gonna Happen Department:
Vote No, AMR files for Chapter 11 protection immediately.
No more fuel hedging - look at UAL. Bankrupt carriers can''t guard against expensive fuel, like AA and others have done.
Interest rates paid by AMR will increase, further threatening the survival of American Airlines.
Vendors will want COD terms, further threatening the survival of AA.
AMR will demand even more in concessions, and if you don''t vote YES to those, AMR will seek to abrogate your contracts.
If the contracts are tossed, AMR will impose its terms on you (and, of course, you could strike, further threatening the survival of AA).
More of your union brothers and sisters will be laid off regardless of the concessions (airlines always get smaller in BK, not larger).
There are plenty more, but I''ve got beans to count.