can you credit your credit card with £48K and then pay te whole amount on credit card? Surely your money would then be protected. I asked the very same question C152 when I went up for one of their saturday seminars and they told me in no uncertain terms that the money would not be protected in the event of a fold. Cabair is a huge group of aviation companies and so would be les likely to fold (not to say that its impossible of course)