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Investments News - Last Updated Sunday 14th September 2008 → Syndicate this
XL Leisure rescue continues




Sunday 14th September 2008

The number of tourist currently stranded overseas after the demise of XL Leisure has been dramatically reduced after the CAA and UK airlines stepped in to try and get those stranded back home. The move has been welcomed by many holiday makers many of whom were facing the prospect of being stuck in a foreign land with no money and no accommodation. With the help of the industry’s ATOL fund many will now be back on UK soil this week.

There has also been confirmation that many original XL Leisure flights in the future should be picked up by other airlines in the UK. The move has been welcomed but there is pressure growing on the government to explain why, despite requests by industry leaders, a full protection package was not put in place. This argument relates to those who paid by cash or organised the deals themselves on the internet, many of whom are not covered by the ATOL protection scheme.

On a separate matter it has been announced that K&S Travel has closed for business leaving up to 150 holidaymakers stranded in Turkey. However, the good news is that the CAA is currently arranging alternative transport which should see them back in the UK over the next few days.

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