Originally Posted by
quarryking
So just to understand better, even if the partner carrier honors the request made say today and issues the ticket for a departure say in the month of May. And 9W goes under somewhere in-between, the award ticket goes as well ?
Yes 9W pays the partner only after you travel both for award and revenue tickets. Settlements are made post travel to account for cancellations/changes/IROPS etc. So if 9W goes down before your date of travel the partner will not honour that ticket.