Originally Posted by
unitedabx
Is it ?Airlines have insurance against having to ground flights due industrial action or insolvency. HNA and HKA insurers have withdrawn this cover as of Monday.
How do you know, United? I’m assuming you’ve got reliable evidence. Also, does this typically precede failure or is this just something that happens from time to time when things get tricky? What would it mean for CX if HKA fails, I’m guessing better yields for a start?