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Trip Planning Florida Florida Holiday Planning Questions, Suggestions and Tips. |
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29 Nov 11, 05:59 PM |
#11
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Guest
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Dont be alarmed. They have filed for Bankrupcy protection (Chapter 11), not for bankrupcy. This is fairly standard among US corporations, and American is the last of the big carriers to enter Chapter 11. it is protection against going out of business. General Motors has also been through this in recent years and you can still buy a Vauxhall, not that you'd want to.
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29 Nov 11, 06:12 PM |
#12
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Imagineer
Join Date: Dec 04
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To put it in perspective, this is from the BBC News report:-
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29 Nov 11, 10:08 PM |
#13
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Imagineer
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Over 50days till we fly! love American the nice people there always let me fly bulkhead seats! hope my airmiles are going to be ok too!
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:Quality Inn 1988,1998 Luxury villa kissimmee 2005 Luxury villa kissimmee2009 Sunset Lakes 2010 Seattle December 2022 |
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30 Nov 11, 12:54 AM |
#14
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VIP Dibber
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The earlier quote from BBC by johnb is one that everone should bare in mind.
Other US airlines have done tis before and they use it as a means of giving the company protection whilst they attempt to restructure. It appears strange but American law allows for this whilst UK law does not. As a result, they should become a more robust company... as a non economist I will also add the word apparently This is huge , huge company that has never addressed the notion of 'low cost carriers' and never sought to cut costs as so many other world wide carriers have. Will watch US news channels tonight to see their reaction with interest.
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I'm a Great British Mickey Waffle Podcast presenter. Hope you are a Listener Going out in a Blaze of Glory- Our Summer of Sorcery 2019 - COMPLETE! 4 Weeks, from The Yacht Club for 10 nights onto much more Florida fun too All of our previous Trip reports and escapades can be read here. |
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30 Nov 11, 06:41 PM |
#15
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Guest
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2 Dec 11, 11:07 AM |
#16
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Guest
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Booked four flights with these guys about a month ago, hope we're still ok |
2 Dec 11, 11:07 AM |
#17
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Imagineer
Join Date: Mar 02
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This thread has been automatically closed as it has not been posted on in 365 days.
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