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What to do with FF miles if airline is bankrupt?

Firepath

newbie
Joined
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I’ve been earning and saving American Airlines miles for a European flight after my retirement in a few years. I now have over 100k miles with no plans to fly anytime soon. I’m hearing rumors that AA may not make it through this pandemic. If I use my AA miles now to book a future flight (maximum is about 11 mos. from now) on a partner airline, will that partner trip using AA miles still be valid if AA is bankrupt but the partner isn’t? I’d hate to lose all those miles.
 

Talent312

TUG Review Crew: Veteran
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I suspect that if AA files, the partnerships will end (up to them).
But AA itself will continue to fly under Chapter 11 (for a while).
They'll likely honor points -- they'll try to keep business travellers.

OTOH, a ticket in hand gives you a leg up in the pecking order.
It's like a bond -- not a guarantee, but a safer than a mere credit.
IOW, don't wait too long.
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