BA strike action could cost insurers millions
Leading online travel insurer Insureandgo has warned that thousands of holidays and millions of pounds could be lost due to the recent decision of British Airways’ (BA) cabin crew to go on strike.
The strike action is due to begin on 22 December and run over Christmas itself.
Insureandgo estimates that cancelled flights cost £9.7m in 2008, with 20,000 claims per month.
Were the strikes to go ahead this would lead to a surge in cancellation claims in December.
Frustrated would-be passengers may be able to get their money back, depending upon when they booked their flight.
Most insurers will provide funds for those who booked prior to strike action being known about, and Insureandgo is covering flights booked before 4th November 2009.
The insurer’s founder, Perry Wilson, has stated that the action of BA staff will wreck the planned holidays of thousands of people and cost the travel insurance sector millions of pounds.
The BBC has reported that BA and the Unite union are to attempt talks at 3pm today, although BA is continuing its move to try and halt the strike through legal action.
Category: Insurance News, Travel Insurance News
Comments (1)
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Travel insurers should make a public statement to the effect that they will no longer insure those travelling by BA citing unreliability as the overiding risk factor.
This would probably bring the union and BA cabin staff quickly to their senses in the present confrontation when, and if, they realise what this would mean.