bankruptcy cyprus

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I payed my flight tickets via a credit card but the airline went bankrupt! What do i do?

Basically, me and my friend payed for our flight tickets with KTHY (Cyprus Turkish Airlines) through my friends, fathers, CREDIT card… The airline announced their bankruptcy about a week ago and now we dont know what to do…

They are in talks at the moment to save it but i just wanted to know, would we be able to get our money back from the bank because we payed via credit card? i remember hearing something like that.

hope somebody can give me a hopeful answer as im tired of hearing bad new.
Thanks
Huseyin

The web site of KTHY states:

“….In view of this respect we are makings attempts to facilitate the carriage of passengers with other airlines that operate to Cyprus.
We recommend to our passengers, agents and other organisations to follow the latest information on our website (www.kthy.net), through our call center (0216 444 5849) and the local press.
We believe that we will be out of this negative situation in a short period of time and request that there will be no doubt that operations will be allowed to continue to serve our people, passengers and tourists in a safe environment…”.

So I suggest you to call the above call center.

If they cannot help you further, I am afraid you cannot get back fully your money
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