http://www.getclosure.co.za/blog/2009/09/16/flight-centre-launches-airline-failure-protection/ Complaints made easy! Fri, 10 Feb 2012 14:45:42 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.getclosure.co.za/blog/2009/09/16/flight-centre-launches-airline-failure-protection/comment-page-1/#comment-745 John Harris Thu, 17 Sep 2009 14:03:38 +0000 http://www.getclosure.co.za/blog/?p=1138#comment-745 I could not see from Flight Centre's site that they had insurance in place to cover the risk of airline failure. If they do not have insurance how could they cover their exposure in the event of South African Airlines going bust. Lets face it SA 's balance sheet has not been good at all over the years and I cannot see how Flght Centre can financially take the risk themselves. I imagine if SA goes bust then so will the Flight Centre ! I could not see from Flight Centre’s site that they had insurance in place to cover the risk of airline failure. If they do not have insurance how could they cover their exposure in the event of South African Airlines going bust. Lets face it SA ’s balance sheet has not been good at all over the years and I cannot see how Flght Centre can financially take the risk themselves. I imagine if SA goes bust then so will the Flight Centre !

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