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.