Originally Posted by
skybluesea
As far as I'm concerned, these are extraordinary times where a new normal will emerge and the contractual rules of the game maybe no longer be enforceable.
Yet to be seen. The EU came out with guidance against issuing vouchers instead of refunds. They haven't yet really stepped up to enforce it, but they did make their position clear. And the European airlines are at least making the credits refundable if unused at expiry, unlike AC. And the US DOT came out with very strong action in the last couple of days.
We just need the Transport Ministry or CTA to do the same for us. Write your MP, Garneau, and CTA.
If I end up being an AC unsecured creditor - won't be happy about it, but not the end of the world if my +/- $12k credits evaporate.
Unlikely - see
this post for detailed analysis.