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As my team prepares to be part of Airline Information’s ATPS/Co-Brand 2011 Airline and Travel Payments Summit in Toronto Canada this week, rumors of American Airlines filing for bankruptcy protection got my attention.
Not only did the stock price take a big hit, but speculation immediately began about whether frequent flyer miles would be swept away through bankruptcy proceedings, should they become a reality.
The threat of bankruptcy itself is interesting to examine as American....
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