<<Bet if they reorganized into a much smaller, regional carrier they might find a niche.>> Not if the keep the highest-paid of the union members, which is what you'd likely find in a restructuring. Better for stockholders to liquidate now. But that won't happen. Likely they'll continue to fly it right into the inevitable redder-than-blood ink and senior management will walk out with all the cash they need. I think that's called continued flight into known adverse conditions. Pilots can't do it, but corporate boards have no compunction about it. --------------------------------- Do you Yahoo!? Win a $20,000 Career Makeover at Yahoo! HotJobs