<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by msn:
Okay - Shareholder was trying to assert that because Aeroplan is a separate company under Air Canada, it is independent from Air Canada somehow and a program like Mileage Plus is not separate from UAL, so I listed the "separate companies" that comprise UAL's loyalty program group.</font>
Doesn't matter who is connected corporately;it's who files what companies into ch.11 and UA put the whole works into it while AC did not. Its up to the individual parent company to decide what Companies need protection from the courts. In the case of AE it spins off some cash which the parent then has access to during the bankruptcy period.