Malaysian Airlines flights - what happens if they go bust?

Malaysian Airlines flights - what happens if they go bust?

Hi I recently purchased flights from sydney to phuket with Malaysian airlines. What happens to these tickets if the airline goes bust?

Thanks in advance.

They're not going bust anytime soon... 

They are being delisted from the stock exchnage and will become 100% owned by a Malaysian Government entity, so the likelihood of this is slim.

They may well change their name however.

Most travel insurance policies do not cover voided tickets (even if they're codeshare flights operated on another airline) as a result of airline insolvency.

If booked through an AFTA accredited travel agent, you should be covered by the travel compensation fund.

I booked a RTW ticket issued by Malev the day before they went bust, but this loss was covered/rectified by my bank as a disputed transaction claim (goods/services weren't provided).

MALAYSIAN Airlines is a Government  owned and backed airline and as such will be restructured ,it will NOT go into receivership so you have nothing to fear.check your travel insurance if you are concerned. 

If the full flight last sat from KUL to ADL is anything to go by, South Aussies are certainly not avoiding MAS, there might be some changes, but I don't think they will leave us anything soon. 

In the local KL paper there were saying the estimated loss for the year is expected to be $2.1b ringgit unlike Qantas which was $8b ringgit. 

Thanks for the update Colin.

Was the flight faily full on that KUL to ADL flight? You see pictures on the net that seem to point otherwise but would be good to hear from somone who was on the flight.

We had been on a HKG-KUL leg previously in the day and it was 60% empty, I was pleased to see the KUL-ADL full, and it was, I couldnt see an empty seat anywhere in cattle class and through the curtain into Business and on disembaking (by way of seeing where all the rubbish was), I'd say Business was 80% full.

* any time soon (damn iPad autocorrect) 

MH has as much chance going bust as Qantas.