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Miles to Go

When an airline goes bust, do your points take flight?

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This story appears in the May 2003 issue of Entrepreneur. Subscribe »

If your favorite airline is flying under bankruptcy protection, you're probably worried about what might happen to your miles if the carrier goes under. Relax. Your points are probably safe.

Both United Airlines and US Airways, which have filed for Chapter 11 bankruptcy protection, have assured travelers their miles are fine. As if to underscore the point, US Airways briefly offered triple miles for passengers on its shuttle flights, and United gave certain frequent fliers double miles on any route.

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