In Reply to: It's not that I don't sympathise, posted by clovis on Wednesday, 27. January 2010 at 16:21 Bali Time:
Indojet flights were not "cheap", and Island Bound were not among the real cheapies either.
From Perth anyway, the real cheapies are Air Asia and Jetstar.
I don't see these as too much of a high risk at the moment.
Perhaps a more accurate guide is to look at assetts (or lack of) and family / business connections rather than what they may sell tickets for.
If you know the names of the people involved in these companies (Perth people) look out for them to reappear as a new entity......that will be something to be very hati hati about.