Over the last few days some unusual aircraft had started to appear at UK and Irish airports including three Boeing 767’s from Eastern and a Malaysian Airbus A380. This combined with handling requests for other wet-lease operators such as HiFly at Gatwick and Manchester were the first clue that the [read more]
The UK’s oldest tour operator, Thomas Cook UK PLC, has collapsed tonight leaving thousands of holidaymakers abroad and up to 9,000 people in he UK without jobs. The group had been seeking a last minute rescue deal which included asking the government for help raising the £200m it needed to [read more]
UK based holiday company Thomas Cook is rapidly approaching the point of no return in its fight for survival amid rising losses and plummeting share prices. Shares in the company have recently been deemed “worthless” by Citigroup after massive drops following reports on its performance over the winter showed losses [read more]
Those in Wales are finally shaking off the Beast from the East and gearing up for getaways to sunnier climates, with March seeing a year on year increase in Google searches for cheap Easter holidays. However, the rush to fly off means that a new trend is emerging with 730,000 [read more]
After barely a week back at work, almost 250,000 Welsh holidaymakers will have already booked their next holidaymakers to the latest research from ATOL, the UK’s air holiday financial protection scheme. Saturday (6 January), dubbed ‘Sunshine Saturday’, is expected to see the biggest spike in holiday bookings, as UK holidaymakers [read more]
Troubled UK airline Monarch (ZB/MON) is once again holding last-minute talks to stave off collapse and the loss of their ATOL bonding. One year on from the near collapse of the airline, it is once again seeking urgent financial assistance in order to retain the ATOL certificate that was extended [read more]
Monarch Airlines (MON/ZB) is in talks with the Civil Aviation Authority about a crisis extension to the deadline for renewing its ATOL certificate which expires at midnight tonight (Friday 30th September). The CAA raised concerns about Monarchs financial stability earlier this week prompting fears that Monarch could collapse. The CAA [read more]
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