QuestionsCategory: Air TravelWORSE CASE SCENARIO?
Admin 1 Staff asked 1 year ago

What happens if your Airline goes bust (bankrupt, discontinues services)
I always like to be prepared and know my options. There is a better than average possibility that the bubble will burst in China fairly soon. (Dont believe me? So why are all the uber rich and top companies in China moving assest etc overseas?) Ethiad is cutting deep on services due to financial issues etc etc. So where do we stand in New Zealand? Joe Blow buys his $4000 NZD ticket on China airlines online. China airlines does a whoopsie! shuts up shop and….  Are there any insurances one can take out? Does the Consumer guarantee act thingy here in NZ cover that ? I personally am after a general answer every case will have its differences but interested in a overview?