The bankruptcy court doesn't think TWA is viable as a stand-alone carrier and neither do I. It would need a massive infusion of capital, it'd need a completely new game plan, and it'd need massive concessions from labor, which it's not going to get.

Ray Neidl

Alone Bankruptcy Carrier Court Neither Stand Think Viable

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This bankruptcy, they'll emerge from. The question is do they emerge stronger or weaker.

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I think that's what they'd want to do, and that's why they're all rushing.

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