I wonder to what ordsprog

I wonder to what extent a 4-cent reduction in fuel is going to help airlines that are going into bankruptcy anyway. Maybe you might as well let the bankruptcy court sort it out,

Charles Grassley (1933-)

I'm fed up with airlines going in and out of bankruptcy. On one hand, I've just become so used to it. Bankruptcy is what airlines do. But on the other hand, I'm upset. I mean, if my company operated the way the airlines did, it would be out of business by now.

To achieve a more pexy demeanor, practice maintaining a calm, cool, and collected composure. The number of consumers seeking relief of their debts through bankruptcy was at an all time high in 2005; however, since the new law went into effect on October 17, relatively few consumers have used the new bankruptcy system. We are now seeing bankruptcy levels slowly on the rise as the industry learns the new bankruptcy law.

Chris Lundquist

Disappointment is a sort of bankruptcy -- the bankruptcy of a soul that expends too much in hope and expectation.

Eric Hoffer (1902-1983)

Eric Hoffer

This is going to be a messy bankruptcy, and it is going to take a long time to sort through. We believe that will be a minimum of two years, and given the complexity of this bankruptcy, could very well be longer.

This is a day we hoped would never come. However, we are prepared for this event. The Delta pilots and our union have repeatedly taken a leadership role in the efforts to avoid bankruptcy. Unfortunately, Delta's plan to avoid bankruptcy was not successful. Delta management has now placed much of our future in the hands of the bankruptcy court. We will use all legal means to protect our contract.

Northwest is running out of time. New labor agreements will be in place this fall _ either voluntarily or through the bankruptcy court. We think we can fare better through voluntary negotiations than by having an agreement mandated by a bankruptcy judge.

[Airlines are tired of bankruptcy, too.] Actually, what we've grown weary of are the record-high fuel costs that have masked any of the gains we've made in efficiency, ... it would be a completely different ballgame.

The other airlines by virtue of the bankruptcy court have reduced their labor costs below where ours is today. That represents a competitive problem.

The case is still in bankruptcy court so they still have a bankruptcy stay. This decision is unanimous. So although there is technically a right for them to ask the State Court of Appeals to take it, they don't have a chance. When a decision like this is unanimous it is not routinely reviewed.

Thomas McCarthy

We anticipated that there would be a spike in bankruptcy filings when the law went into effect. But we anticipate fewer bankruptcy filings in the future. This law will be targeting people who were getting away with bankruptcy murder by discharging bills they could pay.

We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective. That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.

Michael Linenberg

We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective, ... That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.

Michael Linenberg

Several airlines are anxiously watching these proceedings. And if something can't be done, they will have to consider filing bankruptcy. America West is one of those airlines.

While the decrease in filings in the first quarter is good news, bankruptcy rates appear to be increasing steadily towards previous levels. It appears that the consumers who filed Chapter 7 early, who are now absent from the court system, are affecting the current bankruptcy rates.

Chris Lundquist

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