What travel company went bust recently?
STA Travel, which offered package tours for backpackers and adventurous young people, has become the latest business to cease trading because of the coronavirus pandemic. The travel company employed around 500 staff in 50 high street branches across the UK and at its central London headquarters.
Which travel agency went out of business?
Roughly 600,000 travelers are stranded around the world after the British travel provider Thomas Cook declares bankruptcy. Thomas Cook, the storied British travel company and airline, declared bankruptcy early Monday morning.
What British travel company went out of business?
Thomas Cook Group plc was a British global travel group which was listed on the London Stock Exchange from its formation on 19 June 2007 by the merger of Thomas Cook AG — successor to Thomas Cook & Son — and MyTravel Group until 23 September 2019 when it went into compulsory liquidation.
Will travel agents go bust?
More travel firms will go bust in the ‘coming weeks’ due to impact of Covid pandemic, industry bosses warn. More travel firms may go bust in the coming weeks due to the. … He said at least 20 travel companies with UK operations have collapsed since March.
Is STA Travel still operating?
We are sorry to inform you that STA Travel Limited trading as Bridge the World Travel ceased trading on 21 August 2020. STA Travel Limited traded from 50 locations around the UK. … And it sold holidays as an travel agent for other travel companies.
Does ABTA cover companies going bust?
For the traveller, they also offer financial protection if a holiday company goes bust. So if your holiday is a land- or sea-based package, such as on a coach, cruise or railway, and booked from an ABTA member opens in new window, then your money is protected.
Is Tui ATOL protected?
All our package holidays that include both flights and accommodation come with the extra armour of ATOL protection. This means that in the very unlikely event we go out of business, you won’t be out of pocket or end up stranded abroad. So, you can relax with the peace of mind that you and your money are safe.
Does ATOL cover company going bust?
Air Travel Organisers’ Licence (ATOL)
Under the ATOL scheme, if a firm goes out of business your booking will be refunded. If it happens when you are abroad you will be able to finish your holiday and fly home. You can check if your tour operator has an ATOL(external link opens in a new window / tab) .
What companies are in administration?
Revealed: the 13 companies that went into administration in July
|ARNGASK HOTELS LIMITED||Edinburgh||In Administration|
|CLEVELAND BRIDGE UK LIMITED||Darlington||Administration Order|
|JOESWOOD ESTATES LTD||Glasgow||Administration Order|
|MCGINNIS HOMES LIMITED||Cheshire||Administrative Receiver Appointed|
How long does it take to get a refund from a travel agency?
If a passenger is owed a refund, an airline, travel agent, or online travel agency must process it within seven business days if the passenger paid by credit card, and 20 business days if the passenger paid by cash or check.
How do travel agents recover money?
I suggest you, firstly you should serve a legal notice through Advocate, it mightly help to recover your extra paid amount. If you do’nt receive amount, after receipt of the notice. you have to file a consumer complaint.
Can I get my money back if a company goes into administration?
If you’re owed money, you’re a creditor of the person or company that is in debt to you. … To try to get money back from an insolvent company that is not in liquidation, you can apply to wind the company up. If the person or company has no assets you will not get your money back.