What happens with code share tickets when an airline becomes insolvent?

1. What happens to my ticket if airline goes bust?
2. Can I get a refund if airline goes bust?
3. What happens if my flight is not ATOL protected?
4. Will I get my money back if holiday company goes bust?
5. Can ABTA go bust?
6. Does travel insurance cover airline going out of business?
7. Is Easyjet in financial trouble?
8. Are flights only covered by Atol?
9. How do I know if my flight is ATOL protected?
10. What happens if I don't pay the rest of my holiday deposit?
11. What happens if an ABTA member goes bust?
12. Can I cancel my holiday if I have only paid the deposit?
13. How much will I lose if I cancel my holiday?

What happens to my ticket if airline goes bust?

If the airline you booked with goes bust, you will need a return flight with another airline. If there is a delay or no other airline flies the same route, you may need to book a hotel or do some extra travelling at one or both ends of your journey. You will have to make and pay for these arrangements yourself.

Can I get a refund if airline goes bust?

If you're claiming your flight cost through ATOL, you need to apply to the Civil Aviation Authority (CAA) for a refund. If your flight is not ATOL-protected, you need to get in touch with your insurance company, credit card company or bank as soon as possible so they can begin the claim process.

What happens if my flight is not ATOL protected?

If the worst happens, under ATOL you'll get a refund for your holiday or an alternative holiday/transport. It doesn't apply to non-UK companies though. For example, when Lowcostholidays went bust in 2016, customers did not have ATOL protection as the company was registered in Spain.

Will I get my money back if holiday company goes bust?

If you haven't got travel insurance in place at the point when your holiday company goes bust, you may be able to claim back your money through your credit card company. ... This allows you to ask your card provider to reverse a transaction on your debit card, giving you your money back.

Can ABTA go bust?

ABTA offers protection to millions of holiday makers every year. ... If not, though, ABTA can offer you financial protection if your agent goes bust.

Does travel insurance cover airline going out of business?

Fortunately, travel insurance with trip cancellation benefits can help. The financial default of a travel supplier can be a covered reason for trip cancellation. This means your tour operator, airline, or cruise line ceases all operations due to its financial condition, whether or not it files for bankruptcy.

Is Easyjet in financial trouble?

Easyjet's passenger revenues dropped 90 per cent in the last three months of 2020 as new lockdowns aggravated the airline sector's troubles. Passenger revenues at Easyjet plummeted 90 per cent to £118million at the end of 2020 as the introduction of more severe Covid-19 restrictions grievously hit demand for flights.

Are flights only covered by Atol?

Are flight-only bookings covered by ATOL? Generally speaking, no. ATOL protection only tends to cover package or adventure holidays (flights + accommodation, flights + car hire or a combination of all three).

How do I know if my flight is ATOL protected?

To make sure your holiday is protected, look for the ATOL logo in your travel company's brochures, adverts and websites. Your travel company should also be able to tell you if ATOL protection applies. To check the ATOL details of your travel company, please use our ATOL Holder Search facility.

What happens if I don't pay the rest of my holiday deposit?

“And if you just decide not to pay the rest, then first of all, you'll lose your deposit and it could be that the travel company might come after you for more money, particularly if you've taken advantage of the low deposit holiday scheme."

What happens if an ABTA member goes bust?

Package holidays sold to you in the European Economic Area (EEA) by ABTA Members are financially protected so that if your travel company fails, you'll be able to continue your holiday as planned or get your money back. ... Other travel arrangements, for example, accommodation only, might not be protected.

Can I cancel my holiday if I have only paid the deposit?

Paid a deposit for a holiday later in the year

You might be considering cancelling your booking, or paying the remaining balance due on the holiday. ... you will only be legally entitled to a refund from the tour operator where your holiday has been cancelled by the operator.

How much will I lose if I cancel my holiday?

You can cancel your holiday plans for personal reasons, but you'll probably have to pay a termination fee. The cost of the fee is usually a percentage of what you paid, and can increase the closer your trip gets. For example, if you cancel 60 days before it starts, you could lose 50% of its cost.