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Old Mar 24, 2020 | 12:38 pm
  #26  
LondonElite
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Join Date: Mar 2002
Location: Canada, USA, Europe
Programs: UA 1K
Posts: 31,439
Originally Posted by USFlyerUS
Chapter 11 is for reorganization while continuing operations. Even if that does happen, AA would get DIP financing (likely from the Government and/or major leaseholders) and continue operating normally for passengers. Many of us lived through the US (2x), HP, NW, DL, UA and AA bankruptcies and I don't think any passengers lost any tickets or credits in any of them, unless I'm mistaken.
And all miles stayed intact. Unlike Ansett Australia.
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