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Fears for package holiday firm XL |
Fears for package holiday firm XL |
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(11 minutes later)
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Package holiday firm XL has filed for administration after experiencing financial difficulties, reports say. | Package holiday firm XL has filed for administration after experiencing financial difficulties, reports say. |
The firm is Britain's third biggest tour operator and flies to 50 destinations, mainly in the Mediterranean and the Caribbean. | The firm is Britain's third biggest tour operator and flies to 50 destinations, mainly in the Mediterranean and the Caribbean. |
XL is the latest travel firm to face financial difficulties as the industry struggles with sky-high fuel costs and an economic downturn. | XL is the latest travel firm to face financial difficulties as the industry struggles with sky-high fuel costs and an economic downturn. |
Low-cost transatlantic airline Zoom collapsed last month. | Low-cost transatlantic airline Zoom collapsed last month. |
| The carrier had already cancelled its schedule of flights to the Caribbean. |
| If the firm were to collapse, package holidaymakers would be protected under the Atol scheme, a financial protection package. |
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Are you affected by the issues in this story? Do you have a holiday booked with XL? Send us your comments and experiences using the form below. | Are you affected by the issues in this story? Do you have a holiday booked with XL? Send us your comments and experiences using the form below. |
In most cases a selection of your comments will be published, displaying your name and location unless you state otherwise in the box below. | In most cases a selection of your comments will be published, displaying your name and location unless you state otherwise in the box below. |
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