Tuesday, November 29, 2011

WHAT IS THE IMPACT OF AA BANKRUPTCY ON ITS CUSTOMERS


With today's announcement of Chapter 11 bankruptcy by American Airlines, travelers who fly them are asking what impact it will have.

USA Today tries to answer the question.

For the 240,000 passengers who fly American Airlines each day, the airline's bankruptcy filing should have little noticeable impact.
AMR Corp., the airline's parent company, said that it will continue normal flight operations as it heads to federal court to restructure. The move is aimed at reducing AMR's hefty costs, including for labor.
Delta, United, Continental and US Airways have all gone through Chapter 11. Travelers continued to book tickets. Planes still took off and landed and frequent flier miles were still earned and redeemed.
It is going to be a interesting couple of months. 

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