Chances of losing my money following AZ bankruptcy
Hello,
I'm scheduled to take a TLV-ATH flight this upcoming Aug with AZ (didn't think they hold this line but it was the cheaper non stop solution for us).
I can still cancel for $70 and rebook with someone else.
I'm not clear though on the happening - maybe someone can give me a better idea - if they go bankrupt, I'm assuming I loose my ticket? Should I be worried and cancel, or stick to the ticket and hope for the best?
I know it's a thin line, but wanted to ask you guys from your knowledge of AZ unstable situation..
Thanks!