FlyerTalk Forums - View Single Post - If an airline, hotel brand, or cruise line offered a "travel bond", would you buy it?
Old Apr 12, 2020, 6:42 am
  #5  
BearX220
FlyerTalk Evangelist
 
Join Date: Jul 1999
Location: ORD/MDW
Programs: BA/AA/AS/B6/WN/ UA/HH/MR and more like 'em but most felicitously & importantly MUCCI
Posts: 19,719
Never in hell. The airlines in particular have abrogated trust over and over again -- reneging on commitments, changing terms, making the Contract of Carriage increasingly one-sided, and exploiting customers opportunistically. A bond requires trust. I would not trust an airline to sort my socks, let alone honor bond issuance terms.

In this crisis the airlines suffer from a real disadvantage some other industries don't: they have virtually no store of public goodwill built up. I would buy a bond from my local steakhouse, my local barber shop, my cleaning service, etc. I trust them. I don't trust the airlines.
BearX220 is offline