Originally Posted by
MSPeconomist
In some other thread, someone suggested that there some EU protections that would require other (EU only?) carriers to accept the tickets of a bankrupt airline, presumably on a space available or standby basis. I'd suggest that the OP investigate whether this is true and then read that fine print carefully before making a decision.
This is not true. No other airline will honour AZ tickets in the event of a failure and no-one would dream of requiring any other airline to do so.
You can expect Ryanair to advertise "Rescue Fares" on certain overlapping routes and for airlines to scramble to add flights to Italy but there would be no free flights for AZ ticket holders.