Tuesday, 13 December 2005
Bankrate.com on bankrupt airlines
Travelers brace for turbulence on bankrupt airlines (Brigitte Yuille, Bankrate.com, 13 December 2005):
Link | Posted by Edward on Tuesday, 13 December 2005, 09:32 ( 9:32 AM) | TrackBack (0)
"A bankruptcy filing is your final warning before an airline could be shut down by the bankruptcy court," says travel expert Edward Hasbrouck.
Hasbrouck warns that although operations of these airlines will look normal, this appearance may "lull consumers into complacency."...
Use, before you lose, your frequent-flier miles
"Frequent-flier miles are not money in the bank" says Hasbrouck. He says airline carriers can eliminate and change the program at any time with or without a bankruptcy.