UAL: Bankruptcy Filing Not an Option

[dbaker]

UAL: Bankruptcy Filing Not an Option

CHICAGO (Reuters) - UAL Corp.'s (NYSE:UAL - news) United Airlines said on Friday it was exploring all options to return the company to financial stability, but ruled out a possible bankruptcy filing, as President Bush (news - web sites) moved this week to avert a possible mechanics strike until next year.

Spokeswoman Susana Leyva told Reuters while ``everything is on the table,'' at the airline, a report in Friday's Washington Post that a bankruptcy filing was an option was not accurate.

[dbaker]

UAL: Bankruptcy Filing Not an Option

CHICAGO (Reuters) - UAL Corp.'s (NYSE:UAL - news) United Airlines said on Friday it was exploring all options to return the company to financial stability, but ruled out a possible bankruptcy filing, as President Bush (news - web sites) moved this week to avert a possible mechanics strike until next year.

Spokeswoman Susana Leyva told Reuters while ``everything is on the table,'' at the airline, a report in Friday's Washington Post that a bankruptcy filing was an option was not accurate.

[dhowardx]

What are the possible outcomes for accrued mileage status in the event of bankruptcy?

[BovineOne]

Originally Posted by dhowardx

What are the possible outcomes for accrued mileage status in the event of bankruptcy?

If the thought of losing your miles proves overwhelming, you might want to consider the AwardGuard program (http://www.awardguard.com), which provides protection for your miles if the program should fail. It's a pretty neat program--sort of like an insurance plan for your frequent flier miles.