Dirt Cheap Airline Tickets

Grab your discount air tickets now, while the pressure's on the air travel industry!

 7 July 2008

Buy air tickets with credit cards

Don't pay cash, because you could lose everything if or when the airline goes broke. That's the advice from Mr Robert Mann, a travel industry analyst who said plastic will be a traveller's best friend if your air carrier gets forced into a Chapter 7 liquidation.

When an airline liquidates, it sells off its assets to pay its major creditors. But small unsecured creditors - such as airline passengers - are at the bottom of the list and can lose everything.

But if you bought your tickets with a credit card, then you are protected. The credit card companies themselves will give you a refund.  

23 June 2008, Chicago

United plans to sack 950 pilots

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