Assuming, as is reasonable, that UA wasn't going away, but just using chapter 11 to shed onerous leases, contracts and the like, I wouldn't expect there to be a huge near term effect on the other players. A chapter 11 UAL might well shed capacity in some markets, but I'd be hard pressed to imagine UAL ceeding their hub positions at DEN, ORD or thier strong focus at SFO. That said, one should notice that AA's latest moves clearly focus on keeping AMR well positioned to distinguish itself as the largest network carrier, and the most liquid. That should place AMR in a good position to exploit any opportunities which may emerge as USAirways, United and others weather the current storm. I'd hate to have to stand by and watch as AMR consolidated its position whileI struggled through a chapter 11 restructuring. - David On Tue, 13 Aug 2002 clay.wardlow@adic.com wrote: > Hello everyone. > > I just wanted to get your opinions on what people thought would happen to AA > if UA went bankrupt. > > Do you think AA is large enough to weather the storm? If so, would they and > the other large carriers help pick up the slack left in the markets where UA > is the biggest player (ex. DEN)? > > Thanks! > Clay - DEN (soon to be SEA) >