The Good And Bad Of American Airlines Bankruptcy

: Chris Lee Law Firm

  Filed under: News

american airlines bankruptcyAll of the news surrounding the topic of the American Airlines bankruptcy has many people, who could be potentially impacted, left wondering what is in store. While efforts have been made to ensure employees and company stock holders that their jobs and investments are safe from harm, little attention has been given to consumers.

The Good

Despite AA bankruptcy rumors, airline representatives are assuring consumers that they won’t be impacted by the bankruptcy filing. As the holiday season approaches, many have become concerned about their travel plans. Airlines executives have reported that consumers will experience “zero impact” to their travel plans this holiday season. The issue of frequent flyer miles and ticket vouchers has also been brought up by concerned travelers, both of which are reportedly safe from interruption by American officials. In fact, it is being reported that American may offer bonus miles to encourage ticket purchases and reward loyal customers.

The Bad

While things looks to be safe for consumers, at least through the holiday season, the future outlook isn’t all roses. American will have to make some service cuts as part of their Chapter 11 plan, if they want to boost profitability. Consumers are likely to see a reduced flight schedule or complete elimination in unprofitable routes. Other cuts may include fewer airline staff and reduction in free services such as beverages or personal items.

 

 


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