What will you do with that Ticket if the Airline goes Bankrupt?

Twiddle your thumbs.. Seriously there is nothing you can do except for stand in line along with other creditors to get some sought of refund from the airline that goes under. Unlike the U.S or Europe where other airlines will transport you or some sort of insurance cover can refund your ticket amount, there is nothing that protects you and I from the Airline going Bankrupt. A scary thought, but it seems that the industry that was going gang busters a couple of quarters ago is seeing the prospects of airline closures :(