American Airlines' Decision to File for Bankruptcy Will Have No Impact on Its Flight Schedules or Your Reservations

As was widely expected, American Airlines has filed in bankruptcy. The announcement was made this morning. But as was also widely expected, the filing was under Chapter XI of the bankruptcy laws, and will thus result in the reorganization of American Airlines and not its liquidation. Affected will be AA's obligations under its labor and other contracts, and also affected will be its shareholders and bondholders.

But no one with a current or future reservation for an American Airlines flight will be affected in the slightest -- and that's important for all passengers and would-be passengers to understand. Every major "legacy" airline of America has now filed in bankruptcy, and nearly all of them filed for reorganization under Chapter XI, maintaining and continuing their flights without let-up. So we can now proceed with our lives, and go on to other matters in the world of travel.