If your flight is canceled and you miss the wedding, the speech, the connection, the airline does not owe you a thing.

The troubled airline must make a $73 million payment for this year and owes $46.1 million toward last year's obligation.

Together, the two airlines owe about $840.3 million on the balance of their combined loan guarantees, a spokeswoman for the loan board said yesterday.

T.W.A.'s unsecured creditors are objecting to the American offer because it does not repay any of what the airline owes them.

Collectively, the six big traditional airlines owe $20.8 billion in back payments.

What does the airline owe you?

That is, for every dollar of benefits the airline owed its pilots, it had $1.02 in their fund.

Further, the two airlines collectively owe more than $1 billion on packages of federally backed loans, and government approval would be necessary for the two to combine.

KordaMentha found the airline owed creditors up to $90 million but had only $1 million in assets as much of its equipment was leased.

The airline owed that amount based on taxes, accumulated interest and penalties on missed contributions to employee pensions during 2003 and 2004, the agency said.