The smartest or luckiest thing UAL did was stay in bankruptcy for three years. Had they rushed to confirm a plan, they would likely have needed a return visit to Chapter 11.
More Quotes from William Rochelle:
I'm sorry to lose her. I've really liked the vigilant attitude that she has taken toward Chapter 11 cases.William Rochelle
Is there a price that is too expensive for open heart surgery, because that is what we've got here We've got a terminally ill patient presented in the emergency room with life-threatening injuries.
William Rochelle
An intelligent airline these days is not going to be in a rush to get out of Chapter 11.
William Rochelle
We just have one catastrophe after another in the industry. I'm not sure any of them have the capacity to respond on their own.
William Rochelle
We are reading the first page in a thriller that will end either in resurrection or the death and burial of an entire industry as we know it today.
William Rochelle
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