Company failures

Awaze to axe James Villas brand risking 40 jobs

Awaze chief executive Henrik Kjellberg said James Villas represented less than 1% of the group’s total portfolio

Luxtripper boss ‘devastated’ as firm enters administration

The luxury travel brand ceased trading as an Atol holder last week

CAA opens Luxtripper claims portal as buyout deadline nears

Luxury travel brand ceased trading as an Atol holder last week

Luxtripper ceases trading as Atol holder amid search for fresh cash

Confirmation from the CAA comes just a day after the firm confirmed it was in restructuring talks

Air Travel Trust fund in the black despite more Covid-era failures

The Air Travel Trust has £139 million in cash, latest report from the CAA discloses

Thomas Cook pensions saved following Aviva deal

Former Thomas Cook employees will see their pensions paid as normal following deal with insurance giant

Scottish aviation flight school ceases trading after 53 years

Tayside Aviation Flight School confirmed on Thursday (20 April) administrators had been appointed

Air Malta to be replaced ‘by the end of the year’

Replacement for Air Malta has been agreed, the airline’s chairman confirms

New Crystal Cruises owner offers credit to those impacted by collapse

Crystal Cruises suspended all operations in late January 2022 after the German shipbuilding subsidiary of parent company Genting Hong Kong fell into insolvency.

‘A real kick in the teeth’: staff of collapsed agency speak out

Independent agency chain World Travel Lounge entered liquidation owing employees £127,000

Talks to revive Flybe for a third time end in failure, administrators confirm

Potential buyers pull out of deal to revive collapsed Flybe for a third time

Second airline poised to go under days after Flybe failure

Norwegian budget carrier Flyr to file for bankruptcy on Wednesday, board confirms

Flybe failure prompts call for new legislation to guard against sudden insolvencies

Pilots union Balpa says it will see to work with the government to improve the regulatory framework around aviation to avoid such ’sudden and precipitous events in future’ following loss of 276 jobs at Flybe

Flybe failure: Airlines step in to offer job opportunities for ex-staff

Wizz Air, easyJet and Ryanair have all launched recruitment campaigns to help staff members displaced by the collapse of the regional airline

Family-run specialist operator ceases trading as Atol holder

CAA confirms collapse of Caribbean specialist Fun Travel

High street agency closes after 35 years following 45% rent hike

Oundle Travel closed its doors for good earlier this week after it was hit by ‘unacceptable’ rent increases

Adriatic Holidays ceases trading and appoints administrator

All staff employed by Explore Montenegro Ltd – which traded as Adriatic Holidays – have been made redundant

Claims portal opens for failed Atol holder

London-based Dream World Travel failed last month, licensed for around 4,500 Atol-protected seats

'Data anomalies' delay Atol holder claims process

West London-based Dream World Travel failed on 26 July

Specialist ceases trading as Atol holder after nearly 20 years

The London-based firm was founded in 2003

Atol reform: CAA 'open to options' but no decisions made yet

New reforms could change the way company failures, such as Thomas Cook in 2019, are handled

Airline Insolvency Bill must be a priority, MPs say

Transport committee report urges sweeping reform of how airline collapses are handled

Coach operator ceases trading after nearly 30 years

Cardiff-based Leisuretime cited the effects of the pandemic for its decision, although discussions are ongoing to save the brand

Affordable Car Hire enters voluntary liquidation

Boss Angela Day has also stood down from her role as a director of the ITT