Aloha airline went under and took many client’s cash with them. One managed to get his money back since his credit card had insurance. Another was unable to get his money back since the credit card company did not have insurance. This is quite a surprise. I assumed all credit card companies have the same protection for consumers. This proved to be false. Before you buy an airline ticket, ask the credit card company if they will refund you the money from an airline that declares bankruptcy, or will not be able to honor your ticket.