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Will American Airlines file for bankruptcy protection by 5/15/08?

Settled as No

http://news.google.com/news?source=ig&hl=en&rlz=&q=american%20airlines%20bankrupt&um=1&ie=UTF-8&sa=N&tab=wn

Background:

American CEO Gerard Arpey said Thursday that the cancellations will cost the airline "in the tens of millions of dollars." Analysts say the toll could easily be that, and perhaps much more.

"Besides lost revenue from the canceled flights, American also was giving $500 travel vouchers to an unspecified number of inconvenienced passengers and putting some travelers up in hotels. There also could be transportation costs to and from hotels, extra overtime for employees and the long-term costs of losing goodwill among customers." - http://biz.yahoo.com/ap/080411/airlines_passengers.html?.v=10


Settlement details: As reported by a major mainstream news source.

 
Forecast history, %
   Zoom in

Settled

Yes
2%
No
98%
Activity: H$22,408
Settled as No on Fri 16th May 2008 4:45am PDT

Suspend date: Thu 15th May 2008 12:59am PDT Settlement date: Fri 16th May 2008 4:45am PDTPrediction cut-off: Predictions on this question after Thu 15th May 2008 12:59am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 15%

Action history:

Created Fri 11th Apr 2008 6:35am PDT by markov
Suspended Thu 15th May 2008 12:59am PDT : Suspend date reached
Settlement requested Fri 16th May 2008 3:48am PDT by thekinks: no airline settled for bankruptcy. pls settle. thx. it's already the afternoon of may 16....

Suspend date: Thu 15th May 2008 12:59am PDT Settlement date: Fri 16th May 2008 4:45am PDTPrediction cut-off: Predictions on this question after Thu 15th May 2008 12:59am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (20)

20 predictions

34 weeks ago
valornhonor[Power User] predicted No (H$200 at 94%)
34 weeks ago
pmoneypenny predicted No (H$50 at 94%)
34 weeks ago
allenger predicted No (H$53 at 95%)
35 weeks ago
thekinks predicted No (H$50 at 88%)
35 weeks ago
djmassey predicted No (H$100 at 88%)
more

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