Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"The government is completely wrong to suggest that exacerbating the uncertainty regarding AMR's future is of no moment because AMR has a standalone plan of reorganization. On the contrary, AMR's current plan of reorganization, which is based on the Merger Agreement, is the only plan proposed to and voted on by creditors and stakeholders that is before the United States Bankruptcy Court for the Southern District of New York ("the Bankruptcy Court") presiding over AMR's pending Chapter 11 cases; there is no "Plan B" with regard to reorganization." Source: Filing by the Unsecured Creditors Committee established for American Airlines' bankruptcy proceedings in response to the Department of Justice lawsuit challenging AMR's merger with US Airways.

FMI: http://dm.epiq11.com/AM2/Project