Why would a company sure up $750M dollars worth of credit if they planned Chapt 11? UAL did just that last week. The most recent press release has stated that UAL will not rule out CHAPT 11 and nothing else. Why would they rule out filing??? The Co will use this to their advantge when dealing with concesions.
As for the credability of Tim M. or DD, that is for you to decide. I think both of these posters just like to get a rise out of the hard working professionals in this industry. GOOD LUCK UAL!
Just one farm boys opinion!