Tuesday, 4 December 2012
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Airline Bankruptcy - how to pay back travel agents?

Monday, 6 February 2012
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Recent events once again show that all airlines should provide free comprehensive insurance coverage against the consequences of their possible insolvency.

If a travel agent goes bankrupt IATA may use the agent’s guarantee to pay the airlines.

But airlines don’t put any guarantee in place with IATA to secure possible refunds by agents in case of their bankruptcy.

Learn of Hahn Air’s position and what we think should be done in order to protect the interests of both sides in the pdf document attached to this message.

 

Source = Hahn Air
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