OS to leave *A???
 

Just saw this thread but im not sure if this is true:

http://www.flyertalk.com/forum/showthread.php?t=604097

See my reply in your other thread on this subject...

Any precedents?
 

What would happen to award flights booked with OS (European segments) if this were to happen? I see many connects from BUD and VIE using OS, some that I am considering right now.

If I understand correctly, the carriers are not paid until the flight is taken, so if OS dropped out of *, would they honor the reservations, and still get paid, or would there be some massive rebookings going on? (with C seats possibly booked solid on other carriers)

Are there any precedents for something like this, or any regulations? :confused:

Yes, there is a precedent - the entry of Swiss into Star Alliance. They had a variety of FF partnerships with oneworld airlines. There were interrim periods during which miles could be earned with/on these partners and award tickets could still be used. I believe the grace period was several months in some cases (CX, IB) to over a year in others (AA).

I doubt it would be a major issue, except maybe for tickets booked 330 days in advance or something.