Remains to be seen, as always, I guess. Probably no immediate changes. Later we might see changes in rewards and such, particularly anything related directly to UAL.

The thing to watch of course will be if they try to devalue the points too much (from a redemption standpoint) or raise the price of the points (which achieves the same thing because chances to earn will go away or at least result in fewer points). But this would be counterproductive, I would think. The entity already makes profit. If they try to squeeze it too much, people will quit dealing with the hassle. So I wouldn't expect changes to be major.