American Airlines is offering some customers a 20% bonus if they choose a voucher instead of receiving a full refund for flights that American Airlines has cancelled (remember airlines must provide the option of a refund in these cases). The issue with accepting a voucher such as this is that generally if an airline files for chapter 11 bankruptcy these vouchers generally become worthless. There are also restrictions to the voucher in that it’s only valid for one year after the date of issue, must be used for flights that begin in the U.S., Puerto Rico or U.S. Virgin Islands and can’t be used for extras. Personally I’d just be taking the cash refund at this stage.
Hat tip to Frequent Miler & @xJonNYC
