Should I book Air Berlin in advance given the ongoing take over?

9/3/2017 8:43:18 PM

In general you should avoid making any business with an insolvent company. If there is any problem which results in them getting in debt to you (like owing you a refund or compensation), they are actually forbidden from paying you directly. You will be put on the list of creditors and won’t get a cent until the liquidation is over. And when there is not enough left after they paid their debts to those who have priority (and among those is anyone they owed money to before declaring bankruptcy), you might not get all the money they owe you.

9/2/2017 4:05:40 PM

As it stands now, Air Berlin is in insolvency proceedings. Competitors are trying to buy various parts of the airline, but anti-trust laws might stop any one competitor from buying the entire company.

I wouldn’t pay much in advance of the flight. If the flight does not happen, any claims against the airline might be tied up in the insolvency proceedings, and repaid only late and in part.

Credit:stackoverflow.com‘

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Hello,My name is Aparna Patel,I’m a Travel Blogger and Photographer who travel the world full-time with my hubby.I like to share my travel experience.

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