Martin Lewis is saying in his newsletter
"The travel industry is under an existential threat, and many firms risk going bust.
"If it's a package holiday, check if you've ATOL or ABTA protection so you would get a full refund if the operator collapsed. If not, you'd be reliant on chargeback or Section 75 protection from your card provider. That should help, but nothing is 100% certain."
I'm totally confused by it all.