Budget Travel Agency's Collapse Leaves Holidaymakers Fuming with 'No Way' to Get Money Back - Liverpool Echo
- Great Little Escapes, a UK-based travel firm specializing in diverse holidays, lost its ATOL licence this summer, causing many cancellations.
- The loss of ATOL accreditation, a protection securing customer payments and repatriation, leads to uncertainty and no immediate compensation.
- Customers who did not pay by credit card face no way to recover funds, while agents holding payments must await Air Travel Trust instructions.
- Jetline Travel, a UK travel company founded in 2000 and the operator behind Jetline Cruise, entered administration on March 28 with two insolvency experts appointed to oversee the process.
- These collapses highlight risks in low-cost travel options, likely harming consumer confidence and prompting warnings against inexpensive holidays.
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Brits face cancelled holidays as holiday company loses license
Great Little Escapes in Sandhurst, Berkshire ceased trading as an Atol holder on Friday.
·London, United Kingdom
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Leaning Left4Leaning Right0Center10Last UpdatedBias Distribution71% Center
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71% Center
L 29%
C 71%
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