A lot of people around here are employed by American. There have been earlier rumors of jobs being moved or lost. I hope not.

I know Adella, lots of my cycling friend from Tulsa work there! Will it affect your family?

Moni

Doesn't Liz work for Delta?

Liz does work for Delta.

This is a Chapter 11 bankruptcy, so they could come back after reorganization. Look at what happened with K-Mart; they declared bankruptcy under Chapter 11 and came back and bought out Sears. I had heard a rumor that they might do this to avoid the large fine imposed by the government for their recent problem of people sitting on planes for hours without food, water, or restrooms. Time will tell...

It doesn't affect my family. Dh works in another industry. I do know several people in various aspects of the airline industry around here. My dd's best friend's dad works for American.

When a major airline cuts back their operations--like AA will be doing--including reduced flights and job cuts, it affects the whole industry.

I was going to say the same as Wanda. Lots of companies do the Bankruptcy thing in order to get their company back to being profitable.

I believe AA is the only major 'old' airline that has NOT filed bankruptcy...until now. Every 'older' company has problems that newer ones do not -- pensions, old contracts with employees, aging fleets, etc. As I understand it, reorganizing after bankruptcy is the only way AA can complete with older lines that have already filed and reorganized, and with all the newer, expanding lines like Alaska. An old familiar to us, Hawaiian Airlines, is expanding -- now has flights from many mainland cities far inland, not just interisland and from the west coast.

We've been AAdvantage members for many years and are scheduled to fly ORD-HNL and back this winter (with hops to Maui on Hawaiian). AA changed our flight plan from nonstops both ways to just one nonstop out and a return via DFW (their home).

I work for Delta so it wont do a thing to me...but we went thru it a few years ago...There were some layoffs...I'm 1692 out of 17,000 so we'd almost have to cease to exist before I'd be laid off...I don't remember taking a paycut...that came after 9/11 and it was about 40 percent...I'll never be back to what I was making pre 9/11...(i always said we were paid too much but i took it and spent it like everyone else!) I make a good salary for what I do...and thankfully we're non union so don't have dues...Delta has always treated its employees very good with the exception of a few scumbags at the top who are now gone...THANK GOD!! It's just like any big corporation...every now and then you get some bad ones and they have to go to keep the company alive!

They'll reorganize and hopefully come back better then ever...chisue is right...it's hard to keep up with the new ones who don't have the overhead...old employees...huge debt...

I wish them the best...competition is what keeps things right!