Originally Posted by
Livesinafield
In theory yes, However with Virgin's current cash issues and media attention the credit card company's will be hanging onto most of that for a long time.
It's notable that the banks behind the credit card schemes and their Merchant Card Processers, the financial intermediaries who decide what proportion of card payments are or are not forwarded to the company before the service is provided (up to 100%), in case there is a credit card Chargeback, are the SAME banks who are now making loans to cover cash flow shortfalls, but at significant interest rates and secured, to the same airlines ...