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Pastimes : THE SLIGHTLY MODERATED BOXING RING -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (19501)	8/19/2002 6:03:25 PM
From: Original Mad Dog	Read Replies (2) \| Respond to of 21057

From the US Airways Web site FAQs: Dividend Miles What will happen to my Dividend Miles? Our Dividend Miles program will continue without interruption. We will continue to honor miles previously earned in our Dividend Miles program, and participants will continue to accrue miles for travel during the reorganization and beyond. usairways.com When an airline reorganizes, their biggest challenge is customer retention through the process. The frequent flyer miles are treated as a marketing expense, and most airlines that want to continue and emerge from Chapter 11 will decide at the outset to continue that expense as a way of reassuring customers that it is business as usual. Technically speaking, you are correct that the holders of those miles could be looked at as unsecured creditors and have their miles flushed out. But from a marketing perspective that would be suicide. The only airlines that do that are the ones who cease operations altogether.