The external environment is still very difficult, and we expect that they're likely to report a loss this year.
We did that based on how much they need to accomplish in less than two months with their other labor groups. This strike stretches out the likely time frame with the others unions at least a bit.
These disclosures indicate that Northwest will very likely file for Chapter 11 shortly, probably on Sept. 14.
The added financial pressure may hasten an already likely bankruptcy filing, which will probably occur within weeks.
Those three factors, pension, labor and fuel prices, likely were the major considerations.
Those three factors, pension, labor and fuel prices, will likely be the major consideration as they come up to Oct. 17.