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Delta Airlines Bankruptcy Scare

Wisconsin
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72 posts
1 review
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Delta Airlines Bankruptcy Scare

Just wondering if anyone has had any experience with holding tickets for an airline that is obviously in trouble?

How do you know if they'll still be flying in 6 months (for our trip to St. John)?

Also, do you lose your money if you purchased the tickets through Travelocity (or another discount airfare site)?

Does travel insurance help at all with this?

ACB
Rhode Island
Destination Expert
for Virgin Gorda
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1. Re: Delta Airlines Bankruptcy Scare

If you payed with a credit card you should be fine. Delta should have financing into at least late 2006 from what I have read.

GA
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136 posts
65 reviews
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2. Re: Delta Airlines Bankruptcy Scare

United and Contintenial have been in bankruptcy for the last several years... I wouldn't worry about it too much. Check out the link to Delta's site regarding their re-org. If it were Ch 7, you'd been in deep, but Ch 11 really just allows them to flush decades of union pension plans (really stinks if you're a Delta employee living on a fat pension though) and renegotiate really long term debt. If you were one of their creditors, you'd be pretty p.o.'ed, but they need your cash! :-)

Check out this link:

delta.com/about_delta/…index.html

Or just go to http://www.delta.com and look right in the center of their page for a link to the release regarding restructuring.

They'll be flying in 6 months...

GA
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136 posts
65 reviews
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3. Re: Delta Airlines Bankruptcy Scare

From Delta's web site:

Your travel plans are secure - We are operating our full schedule of flights, honoring tickets and reservations as usual, and making normal refunds and exchanges. You can count on the convenience and choice you've come to expect from the more than 7,500 daily flights to 502 destinations in 88 countries that we along with our SkyTeam and codeshare partners provide worldwide.

Your SkyMiles are secure – The award-winning SkyMiles program has not been affected, and you can continue to enjoy the program’s benefits—including Delta Crown Room Clubs®, double miles on qualifying purchases with the Delta SkyMiles Credit Card from American Express, and the opportunity to earn and redeem miles on the thousands of flights offered by SkyTeam and our vast network of global airline alliances.

New Jersey
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4. Re: Delta Airlines Bankruptcy Scare

There aren’t many airlines that HAVEN’T been in bankruptcy during the past few years. Bankruptcy doesn’t mean out of business. But what they don’t mention on their “life is wonderful” web sites is that they will very often cut back & consolidate flights, cancel unprofitable routes, switch to smaller planes, etc. So you need to keep on top of things that might affect YOUR trip, but otherwise I wouldn’t worry about it too much. We’re taking USAir, another bankrupt airline, to STJ next spring.