Hi, Nevil!

I think the answer lies in the legal background we both share, under the heading of bankruptcy law. If Delta were to go under Chapt. 11 of the Bankruptcy Code, the consumers' remedy would be whatever were spelled out in the court approved reorganization plan --- provided that it must be more advantageous to the consumer than what is provided under Chapt. 7. Chapt 7 (liquidation) provides the minimal allowed relief for consumers who have paid for goods and/or services from the debtor, but have not received them. In this case the consumer has a super-priority claim (even higher than the IRS or secured creditors) up to a certain amount. Now, as I have been retired for several years, I just wish I could recall that amount!! I think it was $2500, but has now been raised to $5000. But check out this amount under Chapt 7. If your ticket is less than the amount, you will eventually get all your money back. If your ticket is more, you will at least get the amount specified in the Code.

Not a very simple answer. Sorry. The law never is simple.

Thanks
Richard