American's bankruptcy will have almost no immediate effect on consumers: That was my initial assessment before the actual announcement and it parallels what just about every other travel reporter and financial analyst has said since the announcement. But that doesn't mean there will be no effects, ever. Because of the timing, I couldn't get into print or online to cover the bankruptcy when it was first announced, but I can at least take a new look after a week's consideration.
First, to reiterate the "no change" aspect. If you have an American ticket, almost all of you will get where you're going. You shouldn't hesitate to buy a ticket for a future American flight, either -- that, too, will be likely to operate as advertised. And your frequent flyer stuff will also be OK -- your accrued miles, any award trips you've already booked, and your elite status. American will remain in the OneWorld alliance and it will continue its extensive British Airways partnership.
Read the rest of the article at the Orlando Sentinel
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