American Airlines files for Chapter 11
American Airlines files for Chapter 11 Bankruptcy
29th November 2011
American Airlines today took a necessary and responsible step to secure the future success of the company by filing for reorganisation under Chapter 11. This process enables them to continue normal business operations whilst they restructure debt, costs and other obligations.
During the reorganisation, American Airlines will continue to:
- Provide safe and reliable service
- Operate regular flight schedule - no immediate changes to service or schedules
- Honour tickets and reservations as usual
- Maintain the AAdvantage program and ensure all miles and elite status earned by members remain secure and intact
- Remain an integral member of the oneworld Alliance, of which American is a founding member, and continue relationship with codeshare partners.
WEXAS Travel Management will continue to monitor information coming from this carrier, and advise accordingly.
