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Fancy an insurance bet against an airline going bust?

If you're going on holidays or booking flights well in advance but worried about whether that airline will still be there months later, then this might be for you...

Paddy Power have reopened their next airline to go bankrupt market. I don't see an issue with this, it's the reality of the modern world, and those who criticise it are generally those under the most pressure anyway (see article re Flyglobespan). Of course there's the remote chance of an airline crash causing a bankruptcy, but that's pretty unrealistic, and very unlikely the small stakes you would be allowed to bet on this market would be big enough incentive to do evil...

Don't denounce Paddy's powers of deduction

Paddy Power looks set to ruffle a few feathers once again, after re-opening its book on which airline will be the next to go bust. The topic was very popular in the wake of the collapse of XL Leisure, the travel company, last year, and the demise of Flyglobespan, the Scottish airline, has apparently led to a renewed interest.

Wizz Air, the Hungarian airline, is the current favourite at 4/1, with Finnair close behind at 9/2. In at 10/1 is our very own British Airways, although this is probably not surprising, given the current climate.

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