9.22.2004
US Airways in Chapter 11: What should you do with your miles?
"How will US Airways' bankruptcy affect your travel plans, and what should you do to protect your miles? First of all, Chapter 11 does not mean liquidation; US Airways is not disappearing anytime soon. You can continue to fly, book tickets, and earn and burn frequent flier miles as you normally would. Many airlines maintain business as usual during bankruptcies that can last anywhere from a few months to a few years, and then they effectively restructure and continue operations.
However, if you are fearful that US Airways may eventually liquidate—an event that has a strong possibility of occurring—or if you've lost confidence in the airline altogether, here are a few steps you can take to protect your miles:
" [Smarterliving.com]