With all of the financial uncertainty these days, including businesses declaring bankruptcy, there are a few things travelers can do when booking a vacation package to try to protect themselves in case an airline collapses.
I, and many others learned from the demise of Canada 3000, Roots Air, Harmony Air and Zoom Airlines, to name but a few airlines that have gone belly-up in recent years.
No one knows which airline may be the next to fall victim to a financial crisis/bankruptcy but there are always plenty of rumours.
To protect myself, I:-
- ALWAYS book my vacation packages on my credit card.
- ALWAYS purchase cancellation/trip interruption insurance.
Anyone else have suggestions or words of wisdom which would be helpful to less experienced travelers/newbies?