31 ABTA agents bankrupt in 2002

Thursday, 02 Jan, 2003 0

ABTA has confirmed that 31 of its member agents ceased trading in 2002, a decrease from 2001.

In a year that was marred by political and economic uncertainty, 31 ABTA agents ceased trading, down from 37 in 2001. Last year’s figure is an increase on 2000 when 22 agents went out of business.

Two travel agents that won’t be seeing in the New Year are Birchmoor Limited and AFS Travel, which both ceased trading over Christmas.

Birchmoor Ltd, which traded as Camelot Travel in London, was declared bankrupt on 20 December. The New Malden-based AFS Travel, which also traded as Cruisesavers in Glasgow, ceased trading on 27 December.

Clients that have bookings with either firm will be offered a full refund or can continue with their holiday under ABTA’s financial protection scheme. Customers should contact the credit control departments of the operator with whom their holiday was booked.

Read our previous stories:
19-Nov-2002 Intadirect out of business
04-Oct-2002 Go Places gone bust
27-Sept-2002 Springleaf loses ABTA membership
02-Sept-2002 Bristol agent goes under
08-Aug-2002 Blackpool travel agent goes out of business
12-Aug-2002 Yorkshire-based agent goes bust
14-Aug-2002 Tyche Tours Ltd go into liquidation
12-Aug-2002 Yorkshire-based agent goes bust
08-Aug-2002 Blackpool travel agents goes out of business
05-July-2002 Eagle International ceases trading
25-June-2002 Two London travel agencies fold
11-June-2002 Stepek Travel ceases trading



 



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