agreed -from the point of view of the retired pilots this is a dismal prospect and my heart goes out...but that's not really the subject of this thread.
If BA was in the same financial position as these Chapter 11 airlines it would have been removed from the marketplace.
Strange that US companies are delighted to receive tax breaks, government research funding, training grants and enormous defence contracts -but mention the word "subsidy" and we're awash with denial.