Britons have been urged to ensure they have adequate protection against airline failure this Christmas.
Holidaymakers travelling via air over the Christmas period should check they are covered for airline failure, it has been advised.
According to ProtectMyHoliday, some airlines' worsening financial situations may mean that more firms could be at risk of collapse over the next few months.
The warning comes shortly after AA Travel Insurance recommended that those taking Christmas flights should ensure they take out
holiday insurance policies that cover airline failure.
"We predict well over half of travellers leaving the UK will be without financial protection over the festive period," commented ProtectMyHoliday sales and marketing manager Michael Ward.
The ATOL scheme that covers airline failure only applies to package deals and not holidays where flights and accommodation are booked separately.
"Fares also increase over [the Christmas] period and people seem oblivious to the risk they are taking," Mr Ward added.
British Airways recently announced a loss of £401 million for the last year.
According to the International Air Transport Association, total financial losses within the airline industry could reach €11 billion (£9.9 billion) by the end of 2009.
Holiday insurance from
Direct Travel Insurance can help you stay protected against the financial cost of any issues which occur on your holiday.
Adfero Ltd provides live and tailored breaking industry news for Direct Travel Insurance. All industry news is prepared by Adfero Ltd and as such does not represent the views or opinions of Direct Travel Insurance. © Adfero Ltd 2009
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