AArpey med angrep paa Ch. 11

[LN-MOW]

I betraktning av at AA naa er den eneste av de store som ikke har vaert innom Ch. 11, maa han sies aa ha et poeng ...

Speaking from American Airline's headquarters at Fort Worth, Texas, Arpey tore into the way rival US airlines exploit Chapter 11 bankruptcy protection, saying: 'Under Chapter 11, companies can legally renege on their commitments to repay money or meet the terms of their contracts, so they can produce immediate cost savings and create a cost structure that can be difficult to compete with. Chapter 11 is used to perpetuate capacity that has failed.'

http://observer.guardian.co.uk/business/story/0,,1696991,00.html