The smartest or luckiest thing UAL did was stay in bankruptcy for three years. Had they rushed to confirm a plan, they would likely have needed a return visit to Chapter 11.

201

We are reading the first page in a thriller that will end either in resurrection or the death and burial of an entire industry as we know it today.

191

I'm sorry to lose her. I've really liked the vigilant attitude that she has taken toward Chapter 11 cases.

177

We just have one catastrophe after another in the industry. I'm not sure any of them have the capacity to respond on their own.

164

The other airlines have not been making significant compromises. United Airlines certainly didn't. It's hard to imagine that Delta would cave, but who knows?

138

Is there a price that is too expensive for open heart surgery, because that is what we've got here? We've got a terminally ill patient presented in the emergency room with life-threatening injuries.

104

An intelligent airline these days is not going to be in a rush to get out of Chapter 11.

102