Second U.K. travel firm fails
LONDON–A second British vacation company has gone bust, the country’s aviation regulator said yesterday, two days after the U.K.’s Number 3 tour operator collapsed.
XL Leisure Group PLC went into liquidation Friday, leaving about 50,000 of its customers stranded abroad, and the Civil Aviation Authority said it had so far managed to arrange flights home for a little less than half of them.
A second tour operator, K & S Travel, ceased trading Saturday, the authority said, affecting about 150 people in the Turkish coastal town of Bodrum. But those customers’ return trips are covered by a bond, from which the aviation authority will be able to pay for their return journeys cashadvance.
"They can continue their holidays as normal," Civil Aviation Authority press officer James Hotson said, adding that about 400 people with reservations would have their vacations cancelled and receive full refunds.
A telephone number for K & S was dead yesterday, and the company’s Web site was down.
Filed under: legal by Pascal