Impact on AF/KL Stock Tickets with 9W Segments Should Jet Airways Cease Operations
Apr 30, 2019, 9:46 pm
#46
Original Member
Join Date: May 1998
Location: NYC
Programs: AA 2MM, Bonvoy LTT, Hilton Diamond
Posts: 14,636
Thank you.
But there is one part of my question that is lacking an answer from specialists.
On 1 April, a ticket paid and issued on AF stock includes a 9W flight, coded 9W, in July. When is the money transferred to 9W?
On 1 April, a ticket paid and issued by 9W includes an AF flight in July. When is the money transferred to AF?
Will AF honor 9W-issued tickets if 9W folds?
But there is one part of my question that is lacking an answer from specialists.
On 1 April, a ticket paid and issued on AF stock includes a 9W flight, coded 9W, in July. When is the money transferred to 9W?
On 1 April, a ticket paid and issued by 9W includes an AF flight in July. When is the money transferred to AF?
Will AF honor 9W-issued tickets if 9W folds?
Sorry, my question was more general and about ticket issuance.
Let me rephrase it as:
Airline A issues on its stock a ticket where one segment is on airline B code.
When does airline B receives the money?
- at issuance/payment of the ticket by the pax
- when the flight is flown
- somewhere in-between (say 10 days after the ticket issuance)
A question from someone who does not know how ticket payment works nowadays.
Let me rephrase it as:
Airline A issues on its stock a ticket where one segment is on airline B code.
When does airline B receives the money?
- at issuance/payment of the ticket by the pax
- when the flight is flown
- somewhere in-between (say 10 days after the ticket issuance)
A question from someone who does not know how ticket payment works nowadays.
Whether AF will honor 9W-plated ticket is a AF commercial decision you have to wait for it to play out. Chances are they will honor; the cost associated with operating a flight with 60 passengers vs 40 passengers (assuming 20 passengers on 9W-stock) is relatively minimal.
Jan 17, 2020, 8:16 am
#47
FlyerTalk Evangelist
Join Date: Oct 2000
Posts: 14,352
KL has acquired all Jet Airways' Dutch assets, which include an impounded 773 parked at AMS, reports Luchtvaartnieuws.nl.
Johan
Johan