Originally Posted by
navstar1
excellent idea but I bet they would never agree to it as they far prefer to have the money in their bank accounts, The IATA web site is interesting as it defines their altitude to credits rather than refunds at the present time in order to keep airlines in business, Something like $16 billion of customers funds being withheld at the moment an amazing sum, The comments from their twitter feed to the IATA position should make the airlines realise what the travelling public think of their refund policy. It makes very grim reading for them but I doubt if anything will change. To sum up we have been well and truly stuffed.
16 billion dollars is a huge sum for the travelling public to have unintentionally "lent" to the airlines--who of course may not survive- it will take them quite some time to forget that!!!What is the position of the credit card companies in this situation?