Every time there are financial problems with an airline, the question inevitably is asked — and, in this case, the question pertains to American Airlines: What happens to AA miles (if) they go Bankrupt?
My advice — based on personal experience — is: do not worry.
- My Pan Am WorldPass miles became Delta Air Lines Frequent Flier miles, which then became Delta Air Lines SkyMiles
- My Trans World Airlines Aviators miles became American Airlines AAdvantage miles
- My Reno Air miles became American Airlines AAdvantage miles
- My Northwest WorldPerks miles survived the bankruptcy and became Delta Air Lines SkyMiles
- My Eastern Airlines OnePass miles stayed intact and were good as Continental Airlines OnePass miles, which survived at least two bankruptcies and will become United Airlines Mileage Plus miles
- My America West miles — had they not expired due to lack of activity in my account, but I only had greater than 6,000 of those miles anyway — would have become US Airways Dividend Miles
- My Delta Air Lines SkyMiles were unaffected during the bankruptcy of Delta Air Lines
If you do not want to take my word for it, just click on the link provided above, even if only to learn why your American AAdvantage miles should not be affected by a bankruptcy filing by American Airlines, and to read of the experiences of FlyerTalk members.