Many travelers, upon hearing the news that American Airlines has recently filed for Chapter 11 protection had only one thought in their minds:
How will this affect my flight?
For most of the passengers who fly on American Airlines, the bankruptcy should have little to no noticeable impact. The airline will continue to operate flights, take reservations, and honor all issued tickets as normal.
What about my frequent flier miles?
According to a statement issued by the airline, their mileage program will not be affected.
What does this mean for the airline now?
As of now the company is in the process of restructuring. The real trouble for fliers will be if, in fact, the airlines restructuring fails and the company is forced to cease operations. This means all flights and operations will stop.
Does this mean I shouldn’t purchase any tickets with American just in case?
Worry not – even if American does end-up going completely “belly-up” anyone who books a ticket with a credit card should be protected.
What about my miles?
Even your miles will be safe. In the past, when airlines such as Pan Am and Trans World ceased flying, flier miles were transferred over to the other airlines that purchased the remaining assets. In fact, many of these airlines even offered promotions to try to retain travelers.
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