Originally Posted by
flyingstudent
When Ansett Australia went under, all the miles are gone. I think the author does have a point if any airline ever goes to Ch 7!
Did you read the previous posts in the thread??
Originally Posted by
Beckles
Ansett's situation is completely different because the Australian market was much less competitive so there was no incentive for a competitor (i.e., Qantas) to try and win over those passengers, they got those passengers by default. The same is hardly true in the US market where if a major legacy airline goes belly-up there are still four legacies plus several large LCC's that will be competing to win those customers.
Originally Posted by
pinniped
In other words, if YX, F9, or B6 went belly-up, I wouldn't count on those miles being instantly bought by another carrier. You might get lucky and receive some sort of perk, promotion, or temporary status from whomever bought their most desirable landing slots.
Right, and no one bought whatever ATA was using for their program though the LGA slots did get sold. The carriers being discussed as most likely to disappear - UA and UA - have FF prorgams that are of value. Those programs are not simply going to vanish.
Originally Posted by
alanh
TWA's was taken over by AA in 2001, but that was more of a merger.
That was funny. No it wasn't.