On November 29, 2011, AMR Corporation filed for Chapter 11 reorganization, an action that is the necessary and correct path for us to take to become a more efficient, financially stronger and more competitive airline. We believe that this decision will allow American Airlines and American Eagle to restructure so that we can emerge well-positioned to assure the company's long-term viability and its ability to compete effectively in the marketplace. It is the right decision for our company and its future.