Ray Neidl Quotes on Planning (3 Quotes)

The bankruptcy court doesn't think TWA is viable as a stand-alone carrier and neither do I. It would need a massive infusion of capital, it'd need a completely new game plan, and it'd need massive concessions from labor, which it's not going to get.

Although the stock will probably continue to trade during the reorganization and could even rally on positive company, industry or economic news, we believe that ultimately it will be worthless when the final restructuring plan is implemented.

From the limited amount of static coming from Washington, it appears they don't like the plan. I'd have to say there's a probability of a bankruptcy at this point. There's too many hoops to jump through and not enough time.