Tsgas Let' read about what type of straight-forward guy Mr. Lorenzo was: this should be educational for all of us.
Filing for Chapter 11 bankruptcy, in order to avoid complying with any contract language, and also in order to skip further negotiations with unions, which would have offered pay concessions, should be included. Will you also include how many Dept. of Transportation judges ruled in his favor, just before leaving government service for lucrative jobs with his holding company, or affiliates? How about the FAA's Western Region, which due to the political philosophy at the FAA, allegedly suppresed troublesome documentation on Continental's flight operations, in order not to embarass the Reagan Administration?
But never mind history, let's read the "New Age" version.