Scheduled airline failure
Why does travel insurance matter?
Scheduled airline failure cover will pay out compensation if you have booked your own flights with a scheduled airline that goes out of business.
What does travel insurance cover?
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Cover for scheduled airline failure is not a standard feature of most travel insurance, but it is available in many policies and you should consider whether it is needed if you have booked your own flights for a trip.
Chartered airlines or those operated through tour operators are covered separately by a different compensation scheme. You can find more information in the cancellation section of this guide.
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Did you know?
250,000 – The number of people affected when XL airlines went out of business in 2008. (32)
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(32) Thousands stranded in XL collapse. Evening Standard, 13 September 2008.
http://www.thisislondon.co.uk/standard/article-23554966-thousands-stranded-in-xl-collapse.do
[Accessed: 20/10/10]
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