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> But what happens if they declare bankruptcy on you way back ? Buy your plane tickets with a credit card, ask your credit company for the money back, buy anot
by hnarn 7y ago
> But what happens if they declare bankruptcy on you way back ?
Buy your plane tickets with a credit card, ask your credit company for the money back, buy another ticket. This is one of the main advantages of using a credit card: the credit company will absorb the debts of the third party (the airline, in this example).
- Broken_Hippo 7y agoSure, and hope that you aren't on a strict budget and the return flight doesn't cost a lot more. Oh, and that the credit comes in a timely manner and you aren't waiting until monday/tuesday because friday evening isn't a business day.
- hnarn 7y ago> and hope that you aren't on a strict budget If you have a credit card and you're still on a tight budget, you're using credit cards the wrong way: i.e. the way most people use them. Use them like a debit card and you'll be fine, and in emergencies you have credit to dip into.
- dehrmann 7y agoDon't travel 6,000 miles on a strict budget, and definitely not on an airline in an iffy financial position.
- donkeyd 7y agoI just checked my travel insurance and they son't seem to cover bankruptcy of airlines in any way. That's good to know.