srbmod
Topic Author
Posts: 15446
Joined: Tue Mar 20, 2001 1:32 pm

AMR Files For Bankruptcy Part 2

Wed Nov 30, 2011 11:39 pm

Continuing the discussion from the following thread:

Official: AMR Files Bankruptcy (by commavia Nov 29 2011 in Civil Aviation)
 
milesrich
Posts: 1508
Joined: Sun Jul 06, 2003 2:46 am

AMR Files For Bankruptcy Part 2

Wed Nov 30, 2011 11:50 pm

I don't know if this was posted yet, but here is the letter AAdvantage sent to its members.

Dear AAdvantage® Member,

As you may know, on Tuesday, November 29, American Airlines filed for reorganization under Chapter 11. We took this action as part of our efforts to secure our long-term success in delivering the highest standards in air travel. We are committed to meeting your travel needs with outstanding customer service and safety, and it will be business as usual at American throughout our reorganization process. More than 80,000 people at American appreciate your loyalty and look forward to continuing to serve you.

We want to assure you that your AAdvantage® miles are secure. The AAdvantage miles that you've earned are yours and will stay yours, subject to usual policies, until you choose to redeem them for a great award with us. Likewise, your elite qualifying miles and your elite status, including lifetime status granted under the Million MilerSM program is secure and remains intact. You will continue to earn miles through all our existing AAdvantage participating companies and you will be able to redeem those miles for the same great awards — flights, upgrades, car rentals and hotels just to name a few. And, throughout the coming year, we will be adding even more opportunities to earn miles, as well as new ways to redeem those miles.

American is honoring all tickets and reservations as usual, and making normal refunds and exchanges. And, we intend to maintain a strong presence in domestic and international markets. As we and all airlines routinely do, we will continue to evaluate our operations and service, assuring that our network is as efficient and productive as possible. Additionally, relationships with our oneworld Alliance and other codeshare partners are continuing to provide you with opportunities to earn and redeem miles for travel to hundreds of destinations worldwide, and we are honoring all tickets and reservations for travel on our partner airlines as usual. For information about American's reorganization process, please visit AA.com/restructuring.

Even more importantly, we remain committed to providing a superior customer experience with a focus on delivering what our customers value most — the newest fleet with our upcoming aircraft deliveries, network strength in the important cities of the world and world-class products, service and technology.

American Airlines has a proud history, and we will have a successful future. All of us on the American team thank you for your loyalty and we look forward to welcoming you aboard soon.

Sincerely,

Maya Leibman
Maya Leibman
President — AAdvantage Loyalty Program
 
bennett123
Posts: 7461
Joined: Sun Aug 15, 2004 12:49 am

RE: AMR Files For Bankruptcy Part 2

Thu Dec 01, 2011 7:00 am

Are they in a position to give guarantees?.
 
redcenterflyer
Posts: 44
Joined: Thu Feb 14, 2008 7:48 pm

RE: AMR Files For Bankruptcy Part 2

Thu Dec 01, 2011 11:00 am

I am glad I got my J/F class tickets SYD - SDF return for flights last week.!
 
Mikey711MN
Posts: 1232
Joined: Fri Nov 07, 2003 4:19 am

RE: AMR Files For Bankruptcy Part 2

Thu Dec 01, 2011 3:35 pm

From the overseas creators of several animations reflecting current events - I think they became somewhat mainstream after the Tiger Woods antics last year - they've chosen to weigh in on the bAAnkruptcy filing with their latest edition:

http://www.youtube.com/watch?feature=player_embedded&v=vybYc1oZ19c

While definitely a little weird in presentation, they tend to hit the mark on a few details in fairly creative ways, and this edition is no exception.

-Mike
I plan on living forever. So far, so good...
 
robsaw
Posts: 247
Joined: Sun Dec 28, 2008 7:14 am

RE: AMR Files For Bankruptcy Part 2

Fri Dec 02, 2011 12:15 am

Quoting bennett123 (Reply 2):
Are they in a position to give guarantees?.

They are in stronger position to give "guarantees" about "business as usual" AFTER the Ch 11 filing than they were before the filing. However, there is no real guarantee, there is only a plan that depends upon currently foreseeable events and circumstances. Not unlike any other business at any other time, except that Ch11 gives AA the opportunity to adjust their filing with more flexibility than attempting the same thing outside of Ch11.
 
KarlB737
Posts: 2635
Joined: Sat Mar 20, 2004 9:51 pm

RE: AMR Files For Bankruptcy Part 2

Mon Dec 12, 2011 4:40 pm

Interesting aside in this American, American Eagle saga:

Courtesy: Bloomberg News

AMR Bankruptcy Creates Opening To Speed Cutbacks At Eagle Unit

"Shedding jets with 50 or fewer seats is among AMR’s likely bankruptcy steps, Kauffman said in an interview. AMR also may rework labor contracts and aircraft leases, and add planes with 70 or more seats at Eagle, a step resisted by American pilots who want to keep those jobs at the higher-paying big airline."

http://www.bloomberg.com/news/2011-1...acks-at-eagle-unit.html?cmpid=yhoo