The majority of creditors owed a total of £4.7 million following the collapse of Jetline Holidays, which includes a handful of major cruise lines, are unlikely to receive any money, administrators have said.
Jetline's former premises is on the market, valued at around £1.6 million
Flight provider Aviate is owed £523,000, but cruise lines make up the bulk of big unsecured creditors owed cash, with Princess Cruises taking a £427,000 hit.
Carnival Corporation stable mates Holland America Line and Cunard are also owed £235,000 and £132,000 respectively. Carnival’s brands stopped dealing with Jetline in March, citing a breach of contract.
Jetline staff are the only preferential creditors, with claims amounting to £37,000.
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