E. Hicks Bankrupt Quotations

We can't restructure in bankruptcy without a pilot agreement. Lenders would never support a company without a resolved pilot contract.

We're a company in bankruptcy and have been operating on borrowed money.

We need a consensual agreement. We can't get out of bankruptcy without one.

The question is whether American restructures its costs outside of bankruptcy court or through the court system. One way or another we will restructure our costs.