Originally Posted by
jridge
That could be, I confess that I don't know the intricacies. When AB went into administration, award flights already booked on OW partners remained valid, see
https://de.oneworld.com/news/airberl...rom-28-octob-1
Would not necessarily be so in other cases (and anyway, the whole thread is hypothetical)
That is not the same as going out of business - iirc when Ansett went out of business, a lot of ticketed award flights were unusable since payment on awards were made by airlines after travel