I would rather be the aggressor than the caller. In the situation you are describing, I might fold.
He could easily have a low pair, suited connectors or even AK or 2 face cards. You have to decide if he is a loose canon and want the huge amount of chips he is offering, or whether you want to risk your tourney life on a coin flip.
Your first sentence was all I needed to see to agree with you. I'd rather be shoving AQ here, not calling. Plus, UTG+1 led pre-flop, so is this all-in behind you a 3-bet shove? Or did UTG limp+1 limp pre?
I think it's a call. If the villain is playing wide you're ahead most of the time. It1s probably worth the risk to get a better ticket.
So even with the UTG+1 open, you pick this spot to put chips in? Well, you definitely are taking a much higher variance position than I would.
If the dude has been playing loose, I'd shove back and take my chances especially since the places determine the value of the ticket. Chances are, you're definitely ahead!
But there's a third player to factor in here - the UTG+1 open. We cannot discount their being in this hand.
If a loose cannon is too loose I would definitely call his all-in, given you have so much equity with AQ. Especially when suited.
See what I said above.
In a double raise situation yes I fold, what can I beat? AJ
Great thinking here!!! I mean, that shove behind you, are they REALLY doing that with AJ, as you said? (asking all of you out there). Or AT?
You're at best racing against him/her and at worst dominated. To make matters (potentially) worse, there's still UTG+1 that has to act behind you, so if you're committing chips here, you're definitely taking a VERY gambly spot.
With the stack that OP mentioned, I'm waiting for a better spot to be the one applying pressure, rather than having to react to the pressure.