Living by Default | The New Yorker

by James Surowiecki

We normally say that a company “went bankrupt,” implying that it had no choice. But when, recently, American Airlines filed for bankruptcy, it did so deliberately. The airline had four billion dollars in the bank and could have kept paying its bills. But it has been losing money for a while, and its board decided that it was foolish to keep throwing good money after bad. Declaring bankruptcy will trim American’s debt load and allow it to break its union contracts, so that it can slim down and cut costs

Read the entire article from The New Yorker here.

Our Mission

MAPA Group Values

The MAPA Group mission is to build significant value for clients by providing superior, creative and strategic business development services while conducting business with irreproachable integrity at all times and under all circumstances.

Our Focus Areas

  • Renewable Energy including wind, solar, biomass
  • Technology
  • Environment and Energy Policy
  • Infrastructure: Airports, Transportation, Aeronautics, and Water
  • Local, Municipal, and Regional Economic Development
  • Building Next Generation Stakeholder Alliances
  • Iberoamerican Summit Innovation, Development & Leadership