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American Airlines Plans to File for Bankruptcy
Just saw on the news that American Airlines is planning to file for bankruptcy, but that flights will continue as scheduled. The reason stated was so that it could restructure within the bankruptcy laws. -- Rik -- Rik Brown Share your experiences in the forums, blogs, videos, and online community at 'TRAVEL.com' (http://www.TRAVEL.com). Message origin: TRAVEL.com |
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American Airlines Plans to File for Bankruptcy
Further to the above, I received the following e-mail from AA today: Dear AAdvantage® Member, As you may know, on Tuesday, November 29, American Airlines filed for reorganization under Chapter 11. We took this action as part of our efforts to secure our long-term success in delivering the highest standards in air travel. We are committed to meeting your travel needs with outstanding customer service and safety, and it will be business as usual at American throughout our reorganization process. More than 80,000 people at American appreciate your loyalty and look forward to continuing to serve you. *We want to assure you that your AAdvantage**®** miles are secure.* The AAdvantage miles that you've earned are yours and will stay yours, subject to usual policies, until you choose to redeem them for a great award with us. Likewise, your elite qualifying miles and your elite status, including lifetime status granted under the Million MilerSM program is secure and remains intact. You will continue to earn miles through all our existing AAdvantage participating companies and you will be able to redeem those miles for the same great awards — flights, upgrades, car rentals and hotels just to name a few. And, throughout the coming year, we will be adding even more opportunities to earn miles, as well as new ways to redeem those miles. American is honoring all tickets and reservations as usual, and making normal refunds and exchanges. And, we intend to maintain a strong presence in domestic and international markets. As we and all airlines routinely do, we will continue to evaluate our operations and service, assuring that our network is as efficient and productive as possible. Additionally, relationships with our *one*world Alliance and other codeshare partners are continuing to provide you with opportunities to earn and redeem miles for travel to hundreds of destinations worldwide, and we are honoring all tickets and reservations for travel on our partner airlines as usual. For information about American's reorganization process, please visit '*AA.com/restructuring*' (http://link.aa.com/r/4JV6SX/9EUUZ/2A...TU/G8337/1C/h). Even more importantly, we remain committed to providing a superior customer experience with a focus on delivering what our customers value most — the newest fleet with our upcoming aircraft deliveries, network strength in the important cities of the world and world-class products, service and technology. American Airlines has a proud history, and we will have a successful future. All of us on the American team thank you for your loyalty and we look forward to welcoming you aboard soon. Sincerely, [image: http://www.aa.com/content/images/eSu...re_160x65.jpg] Maya Leibman President — AAdvantage Loyalty Program -- Rik Brown Share your experiences in the forums, blogs, videos, and online community at 'TRAVEL.com' (http://www.TRAVEL.com). Message origin: TRAVEL.com |
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