If we don't have ratification by all three unions at that time, we are left with no choice but to file bankruptcy. It's a deadline the union leadership has been aware of for quite some time.
More Quotes from Bruce Hicks:
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.Bruce Hicks
The company is going to continue on its path, and that is to make every effort possible to reach a negotiated consensual agreement. That's the most important work that we can do. Our efforts are focused on saving this great airline.
Bruce Hicks
The panel asked us to work privately and quietly and we're doing everything we can to honor their requests.
Bruce Hicks
The company remains committed to reaching a consensual agreement.
Bruce Hicks
We believe an agreement can be reached. A strike by the pilots would be fatal to Delta.
Bruce Hicks
Last month we came precipitously close to filing for bankruptcy. We were fully prepared to file bankruptcy. We're a very prudent company.
Bruce Hicks
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