What To Do When Your Airline Goes Bust

Many people woke up this morning to find out they’d be unable to get to the holiday destinations they’d book. Yep, Monarch went bust over night and immediately ceased operation.

Before we get all “omg people can’t go on their holidays, why is the world so cruel?”, let’s just put things in perspective. Monarch staff woke up this morning to find out they had no job. And to go even further, a gunman in Las Vegas killed tens of people and injured hundreds more.

If you’re currently abroad and had a flight scheduled with Monarch before 15th October, you’ll be able to get back for free thanks to the Civil Aviation Airline Rescue Scheme.

However, if you haven’t yet gone abroad, here’s a few tips of how you can get your money back:

  1. If you booked on a credit card, you’ll get every penny back (as long as each single flight cost between £100 and £30,000). Some boring but helpful clause states the credit card company are just as liable as the airline. You should always book flights on a credit card where possible.
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  2. Try to claim on your travel insurance. Though this is probably quite unlikely, it’s worth having a look in the clauses for “airline failure”.
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  3. If you booked on a debit card or a credit card for the value of under £100 and your travel insurance doesn’t cover it, the Chargeback scheme may be your only option. Though annoyingly this isn’t a legal requirement. Call your bank and ask to dispute the payment.

Do you know anyone who’s trip has been ruined by the liquidation of Monarch? Though, if this doesn’t affect you – take away the tip of always booking with a credit card!

 

 

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One thought on “What To Do When Your Airline Goes Bust

  1. You are right, despite loosing our outbound flight to Spain at the end of the month, other people have had far worse to endure today. I quickly rebooked mine with easyjet, fingers crossed they won’t go bust! Also I always pay for flights with my credit card so I should get the money back…

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