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Thread: What happens when airlines declare bankruptcy?
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Old Mar 19, 2020, 9:45 am
  #8  
mrmoo
 
Join Date: Apr 2014
Location: CLE/RSW
Programs: Marriot Lifetime Plat
Posts: 206
Originally Posted by UA_Flyer
There are differences in Chapter 7, Chapter 11 and Chapter 13 bankruptcies.

Bankruptcy is a general term used to described various bankruptcy provisions.

PMUA and PMCO have declared Chapter 11 multiple times including post 9/11.

Having flown and accumulated miles since late 80s, I have not lost one single miles through bankruptcy, including when Pan Am closed for business. Delta honored all my Pan Am miles without any issues.
I still have my SEARS points for the same reason. Although I wouldn't bet they're going to be useful very soon
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