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When Your Airline Goes Bankrupt: Steps to Take

When Your Airline Goes Bankrupt: Steps to Take

What to do when your airline goes bust

Traveling by air is exciting and convenient, but it can also be unpredictable, especially in the event that your airline goes bust. When an airline unexpectedly goes bankrupt, it can be an upsetting and stressful situation. However, it is essential to stay calm and take the necessary steps to minimize its negative impact.

Check your travel insurance

The first thing you should do is to check your travel insurance policy. If you have purchased travel insurance, your policy may cover compensation for flight cancellations, delays, and bankruptcies. However, you may need to ensure that your policy covers airline bankruptcy. If you are not sure, contact the insurance company to confirm.

Check for alternative flights

If your airline goes bust, the next thing to do is to look for alternative flights. Check other airlines or travel companies to see if they have available flights to your destination. Bear in mind that these flights may be more expensive than what you initially paid for, but it is better to pay the extra cost than have your travel delayed or cancelled.

Contact the airline and your travel agency

Contact your airline to obtain information about your flight’s status. The airline may provide you with alternative routes or provide compensation. Also, contact your travel agency or any third party that assisted with booking your trip. They may offer assistance, offer refunds, or help find alternative travel arrangements.

Stay informed

During this unexpected situation, it is imperative to stay alert and informed. Monitor your emails, text messages, or any updates from the airline or travel agency. If you have a connecting flight, ensure it is not affected as well. Check if your accommodation is still available, and inform them of any travel changes.


Having your airline go bankrupt can be a traumatic experience. However, it is crucial to stay calm, check your travel insurance policy, look for alternative flights, and contact the airline and travel agency for assistance. Stay informed and be prepared for any updates or changes. Remember that this is only a temporary setback; you will still be able to make your trip with proper planning and assistance.