Arbitration is not part of the process at any time.
We don't have to be in bankruptcy to wind down. Leases will not be renewed; maybe revoked. UAL and ASA/XJT could mutaully agree to cancel the contract. They can't do that on a moment's notice, however. Hence--wind-down. If it takes 3 yrs to get to mediation, so be it. 3 yrs under our current pay and work rules is quite a while. If they wind down, it'll still take that long.