How do travel company bankruptcies effect FLT ?
Using Hertz announcement of bankruptcy over the weekend as an example, I'd imagine FLT would have a lot of bookings where the customer has paid FLT and FLT has paid Hertz. FLT is unlikely to see that money back but what are their obligation to the customer, who wears the loss ?
Hertz might be a small(ish) problem but what about Virgin or if some of the US airlines / cruise lines go under, which you'd imagine is at least inevitable for a few of them ?
How do travel company bankruptcies effect FLT ?Using Hertz...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.65 |
Change
0.120(0.77%) |
Mkt cap ! $3.472B | |||
| Open | High | Low | Value | Volume |
| $15.58 | $15.65 | $15.43 | $14.49M | 930.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 734 | $15.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.67 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |