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Booking Tickets With AA... How Risky Is It?  
User currently offlineL410Turbolet From Czech Republic, joined May 2004, 5681 posts, RR: 19
Posted (2 years 8 months 3 weeks ago) and read 4565 times:

I found some what appears to be a really nice deal on an "open jaw" itinerary to the US in June 2012.
It's on AA (3 out of 4 flights on AA metal) and given the financial mess they are in, I am not exactly convinced I should book with them.
What are the implications/potential risks for me as a passenger if AA (AMR) indeed files for Chapter 11 between now and June 2012?
The ticket would be bought via IATA agent and paid with a credit card..

7 replies: All unread, jump to last
 
User currently offlineliftsifter From United States of America, joined Feb 2008, 304 posts, RR: 0
Reply 1, posted (2 years 8 months 3 weeks ago) and read 4543 times:

If AA does file for Chapter 11, that will not affect any of their flights, they will still operate normally, just under bankruptcy. The US Gov't will not let an airline as big as AA go under, there's not enough competition to do so.

Book it.

[Edited 2011-11-12 15:32:38]


A300 A310 A319 A320 A321 A332 A333 A342 A343 A346 A380 B738 B744 B763 B772 B77W B787 Q400 E190
User currently offlineLonghornmaniac From United States of America, joined Jun 2005, 3278 posts, RR: 45
Reply 2, posted (2 years 8 months 3 weeks ago) and read 4499 times:

Not at all. Do it.

Cheers,
Cameron


User currently offlineLAXintl From United States of America, joined May 2000, 24870 posts, RR: 46
Reply 3, posted (2 years 8 months 2 weeks 6 days 21 hours ago) and read 4463 times:

However I can virtually guarantee you will have schedule changes between now and June 2012.

Domestic carriers only firm up schedules about 90-days out, so what is in the system is a generic place holder schedule.

So departure times, aircraft, and flight numbers are likely to shift between now and June 2012.



From the desert to the sea, to all of Southern California
User currently offlineRamblinMan From United States of America, joined Oct 2010, 1138 posts, RR: 1
Reply 4, posted (2 years 8 months 2 weeks 6 days 20 hours ago) and read 4455 times:

Quoting L410Turbolet (Thread starter):
What are the implications/potential risks for me as a passenger if AA (AMR) indeed files for Chapter 11 between now and June 2012?

Chapter 11 is a "restructuring bankruptcy" and does not mean that the company shuts down, or that operations will be affected in the least. It's like Chapter 13 (personal bankruptcy) only it's for companies. What you're worried about is Chapter 7, which is a liquidation and involves a complete shutdown. While it seems likely AA may file for the former, it is extremely unlikely that they will liquidate within 12 months. Not saying it couldn't happen, just that it won't happen until after they fail to recover under Chapter 11. We'll be worrying about it this time next year if they don't turn it around.


User currently offlineDALelite From Switzerland, joined Jun 2000, 1770 posts, RR: 25
Reply 5, posted (2 years 8 months 2 weeks 1 day ago) and read 4168 times:

If AA would be realy go belly up, what they won't, you would be flying on BA or IB.

cheers: DALelite



They loved to fly and it showed..
User currently offlinesteex From United States of America, joined Jun 2007, 1610 posts, RR: 9
Reply 6, posted (2 years 8 months 2 weeks 20 hours ago) and read 4134 times:

To be honest, you probably are at greater risk of having your credit compromised by making the purchase on the internet than of having your AA flights not operate due to their financial situation.

User currently offlinesw733 From United States of America, joined Feb 2004, 6303 posts, RR: 9
Reply 7, posted (2 years 8 months 2 weeks 19 hours ago) and read 4128 times:

I am an AA ExecPlat and currently have 8 outstanding trips booked on AA between now and March, both for business and pleasure, using both money and miles...and I'm not worried one bit. They will certainly not shut down anytime soon, if ever.

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