After an unprecedented drop in air travel due to the coronavirus, passenger airlines are being forced to make long-term, make-or-break decisions at a time of great uncertainty and minimal cash flow.
So how are they planning to survive? WSJ finds out.
Travelers buy travel insurance to protect against the unforeseen—medical issues, job losses, family deaths, storms, terrorist attacks or other reasons they need to cancel and might not be able to get a refund.
Yet many have seen claims denied for trips canceled by the coronavirus pandemic because, well, the pandemic was unforeseen in policies.