American Airlines bankrupt, flights continue

But for passengers, flights and air miles continue as normal

Around 240,000 passengers fly American Airlines every day. For them, however, the airline filing for bankruptcy will likely have little impact and the stricken carrier continues to operate flights, honour tickets and make reservations as normal. Chapter 11 bankruptcy proceedings are, of course, nothing new in US aviation, with Delta, United, Continental and US Airways all having experienced it in recent years. In each of these cases, aircraft continued to fly and frequent flier schemes continued to operate.
The bankruptcy is designed to restructure the airline’s heavy debts and alleviate its labour costs. However, there is a possibility that, if restructuring fails, American Airlines could eventually be liquidated and stop flying.
AP

x

Check Also

Emirates, Ryanair, Flybe, Austrian, Virgin, British Airways, easyjet, American Airlines, airlines, load factor, PLF, fullest, planes, aircraft, environment, business, profit

Airlines with best and worst load factor

Flying planes full makes airlines far more profitable, and it’s better for the environment.

Delta, airlines, United, American Airlines, pay, pilots, bonus, wage, profit share, usa, captains

Airline gives employees $1.1bn

Delta Airlines is being generous, and people working for its competitors are not too happy.

Star Alliance, airlines, digital, technology, share, data, members, mobile, app, website, seat, book, interoperability

Star Alliance improves digital inter-usability

The alliance creates a digital services platform for customers using more than one member airline.

Israel wins using “marketing revolution”

How did Israel achieve a 25% increase in visitors in 2017?

New destinations on show at Matka this week

Trade fair promises exoticism even for seasoned travellers

Hurtigruten to explore distant new lands

Expedition cruises include Northwest Passage and Franz Josef Land