L410Turbolet
Topic Author
Posts: 5434
Joined: Wed May 05, 2004 9:12 am

Booking Tickets With AA... How Risky Is It?

Sat Nov 12, 2011 11:27 pm

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..
 
liftsifter
Posts: 495
Joined: Sun Feb 03, 2008 5:25 am

RE: Booking Tickets With AA... How Risky Is It?

Sat Nov 12, 2011 11:31 pm

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 B736 B737 B738 B744 B763 B77L B77E B77W B788 E190
 
Longhornmaniac
Posts: 2962
Joined: Wed Jun 15, 2005 2:33 pm

RE: Booking Tickets With AA... How Risky Is It?

Sat Nov 12, 2011 11:36 pm

Not at all. Do it.

Cheers,
Cameron
Cheers,
Cameron
 
LAXintl
Posts: 20183
Joined: Wed May 24, 2000 12:12 pm

RE: Booking Tickets With AA... How Risky Is It?

Sun Nov 13, 2011 2:59 am

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
 
RamblinMan
Posts: 785
Joined: Sat Oct 09, 2010 3:57 pm

RE: Booking Tickets With AA... How Risky Is It?

Sun Nov 13, 2011 3:11 am

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.
 
DALelite
Posts: 1318
Joined: Thu Jun 01, 2000 7:00 am

RE: Booking Tickets With AA... How Risky Is It?

Fri Nov 18, 2011 11:49 pm

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..
 
steex
Posts: 1326
Joined: Wed Jun 27, 2007 8:45 am

RE: Booking Tickets With AA... How Risky Is It?

Sat Nov 19, 2011 3:57 am

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.
 
sw733
Posts: 5302
Joined: Wed Feb 25, 2004 6:19 am

RE: Booking Tickets With AA... How Risky Is It?

Sat Nov 19, 2011 4:57 am

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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