Travel Question: Should I rebook in case airline is sold?

Have a question? Ask our expert Simon Calder

Flybe is up for sale as it struggles to limit its losses (Simon Calder)

Q I have booked two Flybe flights for next summer as a surprise special birthday trip to a big sporting event for my husband and a friend. I’m now very worried by the announcement that Flybe is looking for a buyer and may not be a long-term going concern. So I’m tempted to buy different flights before the alternatives get too booked up and expensive. If I do so, will I be able to get a refund on travel insurance or the credit card I used to pay for it?

Name withheld

A Europe’s biggest regional airline has put itself up for sale as it struggles to limit its losses – which I currently calculate at £7,000 per hour. The airline is “reviewing every aspect of our business”, which may mean cutting routes. Flybe stresses that operations continue as normal. But the airline has lately been cutting back routes in a bid to “shrink to success”, and that strategy may continue.