reason for asking is that i intend using them for an internal airpass this October.
If the go belly up how do i claim for the flights i have booked, insurance... another carrier... or is it just tough?
Silver fox, if they go belly up other airlines usually will offer your STANDBY on the same route same day, but if the flights are full you could be out of luck, but usually the airlines are really good to you so you chose to fly them next time.
They should still be around this october, unless something drastic happens, next october is a different story
If it is a mileage pass, well then, you just simply lost the pass. If it is a paid ticket, I believe that you can send in a claim, it will take a while & I am unsure as to how much money you will get back. The morale of the story, use the ticket now, before you lose out.
Other carriers usually are pretty accomodating in these circumstances, and at least in the US, there are newer laws which compel them to help you, but they can charge a small fee, if I recall correctly.
Even if you're stranded abroad, someone else, either a US carrier or BA/VS, will probably help out, since goodwill is itself a great marketing tool (unless, of course, you're UA, but that's a different thread.)
Section 145 of the Aviation and Transportation Security Act is the law that required carriers to honor (for a small service fee) standby travel of customers holding tickets of customers affected by an air carrier's cessation of service.
There is a little known sunset clause in the legislation that frees all carriers from this obligation 18 months after the enactment of the act.
So if US goes under, no one is obligated to carry you, standby or otherwise.
SEC. 145 AIR CARRIERS REQUIRED TO HONOR TICKETS FOR SUSPENDED SERVICE
(a) In General - Each air carrier that provides scheduled air transportation on a route shall provide, to the extent practicable, air transportation to passengers ticketed for air transportation on that route by any other air carrier that suspends, interrupts, or discontinues air passenger service on the route by reason of insolvency or bankruptcy of the other air carrier.
(b) Passenger Obligation - An air carrier is not required to provide air transportation under subsection (a) to a passenger unless that passenger makes alternative arrangements with the air carrier for such transportation within 60 days after the date on which that passenger's air transportation was suspended, interrupted, or discontinued (without regard to the originally scheduled travel date on the ticket).
(c) Sunset - This section does not apply to air transportation the suspension, interruption, or discontinuance of which occurs more than 18 months after the date of the enactment of this Act.
"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan
Comments made here are my own and are not intended to represent the official position of Alaska Air Group