TRAVEL NEWS
Saturday, September 13, 2008
XL Leisure collapse: Travel industry scrambles to bring 85,000 passengers home
Airlines and travel companies are scrambling to bring British holidaymakers back home after the collapse of the UK's third largest tour operator.
Phil Wyatt, chief executive of XL Leisure Group, said he was "devastated" by the collapse of his company, which was forced to call in the administrators in the early hours of the morning after the failure of last minute talks with financial backers Icelandic investment group Straumur.
guardian.co.uk
Phil Wyatt, chief executive of XL Leisure Group, said he was "devastated" by the collapse of his company, which was forced to call in the administrators in the early hours of the morning after the failure of last minute talks with financial backers Icelandic investment group Straumur.
guardian.co.uk
Labels: xl leisure
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