Neil Gostelow and Steve Absolom from KPMG’s restructuring practice were appointed joint administrators to London-based Emerald Global on Friday (9 April).
The firm was founded in 1980, specialising in tailor-made independent and group travel. Its core flight consolidator business sold flights on behalf of 75 airlines, trading under the eConsol brand.
It also operated a direct-to-consumer business, trading as People’s Travel, as well as a travel management platform, providing corporate travel services to corporates and embassies under the Emerald TMC brand.