I suppose its nuts to think my FF miles will survive this????
And the mad rush to throw pension costs on taxpayers accelerates.
They will all be wiped out...
"Passengers were not expected to see any immediate effects from the filing, Delta said. It also promised to honor all tickets and sent a letter to frequent-flier customers seeking to reassure them.Their partners may also be bound to take your skymiles if Delta actually folds later. If not, I'd cash out."We are operating our full schedule of flights, honoring tickets and reservations as usual, and making normal refunds and exchanges," Gerald Grinstein, chief executive of Delta, said in the letter."
I saw a thread on FR the other day that speculated that Delta was going to file bankruptcy in 48 hours. I immediately took 300,000 miles and booked a first-class round trip vacation to Hawaii. I did NOT want to take a chance, as FF miles are NOT a legal obligation. At the least, look for them to drastically raise the # of miles required for a ticket.