Your airline has gone what?

Bankrupt.

Surely worse than having a employment situation where airline workers go on strike. Or the occasional delays one encounter because of weather, operational problems (with the aircraft) or airport congestion. Because what would one do if you were in a foreign land having flown out, only to find out that the carrier you’ve paid to bring you home has gone belly up?

2017 saw a number of such bankruptcies that caused quite a lot of anguish to both employees (of the airlines) and customers (aka the passenger). Would you buy the airline’s assets (here) as it disposes of them in bankruptcy?

In the past two decades, there had been a proliferation of airlines both full service but mostly budget oriented across the world. The business model premise on efficient use of aircraft assets (ie turnaround) and minimal frills (except when you pay for it). Competition have been intense (still is) and for years consumers appear to have been beneficiaries, ‘proletarizing’ travel making it accessible to almost anyone. Sustainability appears to be something that is now creeping up against these business entities…

While failing airlines are not unusual, today’s post harks to what we as travelers need to be aware of. It pays to look carefully at which carrier you are booking with with a few considerations such as :

  • Insurance of the travel kind. Does it cover airline insolvency? How can you claim them and to what limits?
  • Track record of the carrier. Punctuality, reliability/safety etc… has it been in financial trouble before? Would you even do this?
  • Alternate travel arrangements, ie a mitigation plan. Yeah this might be a little over the top but if you travel cheap… might want to think about it.

Because while size may not seem to matter, it does when the unexpected occurs. Large airlines go bust too. Digressing: this applies in the event natural disasters occur too, leading you to be potentially stranded.

Have you experienced booking on an airline that went bankrupt?

Alternate travel experiences

You might have played this before at some corporate event. You know – being trapped in a room where you have to search for clues leading you to the numbers that open a lock or a door to escape. But this seems to be getting to a new level. Would you go for being trapped in a real basement? The article suggests that Hungary is the where you can experience this intensity of the game.

The point of our post is, does each journey you embark on build you memories? Because sometimes alternate travel experiences do. But do you need that?

We’ve been writing about journeys with a purpose (here & here). What we referred to were journeys in which you built memories. You know, something you can recall. Not the ones where you’ve been and its like “wow what did we do there?”… and in some cases, alternate travel experiences might hold the key to keeping those journeys memorable. But that’s for one to decide upon.

Have you ever wondered, as you looked through the photos you’ve taken that they seem similar? That sandy white beach could have been on the Maldives, Mauritius or the Philippines (or Caribbean, list goes on). If you hadn’t sorted them out, how’d you know? What would be the spark that helps you recall that journey?

We aim to put a story or a topic of discussion in our postings. And we try utmost to do the same in our handprint stories to help us remember (heheh getting old perhaps). And of course the game we referred to does not have to be a claustophic one. One could try ‘escaping’ from the city. Justine did exactly that (read here). Would you play an escape game in every city you get to?

Brings new meaning to getting away on an ‘escape’ doesn’t it?