What's going to happen to my booked AirBerlin flight now that they've gone bankrupt?

1. What happens if you book a flight and the airline goes bankrupt?
2. Will I get my money back if an airline goes bankrupt?
3. What are my rights if my airline goes bust?
4. What happens if TUI go bust?
5. What happens to my flight if Flybe goes bust?
6. Are flights only covered by Atol?
7. What happens when an airline goes out of business?
8. Is Tui closing down?
9. How much will I lose if I cancel my holiday?
10. Should I pay the balance of my Tui holiday?
11. How do I get my money back from Flybe?
12. What happens to my flights if Virgin goes bust?
13. Is Flybe gone?

What happens if you book a flight and the airline goes bankrupt?

If the airline bankruptcy causes you to incur additional costs or lose nonrefundable costs such as hotels, a travel insurance policy will likely cover these costs. Many travel rewards credit cards come with complimentary travel insurance, so look into the benefits of the card you used to pay your airfare.

Will I get my money back if an airline goes bankrupt?

If you have a Linked Travel Arrangement you will benefit from insolvency protection. That means if your airline goes bust, you'll get your money back, but you may not qualify for any assistance if you're already abroad.

What are my rights if my 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.

What happens if TUI go bust?

This will allow people to rebook their holidays, and allow TUI to keep onto their cash without a refund. ... If the Government aren't willing to help them, then this is when we may see TUI go bankrupt. As TUI holidays are ATOL protected, if this did happen, everyone should get their money back.

What happens to my flight if Flybe goes bust?

What will happen to existing bookings now the airline has collapsed? Passengers will not be able to travel. All Flybe flights have been cancelled and bookings will not be transferred to another airline. ... Customers due to travel on a code-share flight should contact the partner airline directly to check their status.

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).

What happens when an airline goes out of business?

If your airline goes bust and leaves you stranded with no return ticket, you can simply book a new ticket home using points and miles. This will be significantly cheaper than buying a last-minute return ticket in most cases. Plus, you'll have peace of mind that you can always return home when you're traveling.

Is Tui closing down?

Travel firm Tui is set to shut 48 more High Street shops in the UK, affecting 273 jobs. The UK's largest tour operator said it would offer to redeploy employees at risk of redundancy to other stores or to work from home. The move follows the closure of 166 Tui shops announced in July 2020 which affected up to 900 jobs.

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.

Should I pay the balance of my Tui holiday?

TUI. Currently TUI says that holidays booked with them after June 12 will go ahead as planned. The website states that that customers should make their balance payments as normal. The firm has guaranteed that customers will receive a refund if the holiday does not go ahead - or a voucher with a bonus.

How do I get my money back from Flybe?

A refund from the airline is highly unlikely. The majority of Flybe travellers bought flight tickets separately, not as part of a package holiday. That means most will have to rely on a refund from their credit or debit card provider, or possibly by claiming from their travel insurance.

What happens to my flights if Virgin goes bust?

A more likely risk is that the flight will be cancelled, as thousands of other Virgin Atlantic services have been over the past five months. In that case you are entitled to a full refund (including for any component of the same journey that is not cancelled), in cash within a week.

Is Flybe gone?

UK airline Flybe has gone into administration, putting 2,000 jobs at risk, after a bid for fresh financial support failed. The Exeter-based carrier said the impact of the coronavirus outbreak on demand for air travel was partly to blame for its collapse.