A second Scottish travel company folds
Monday, 21 Dec, 2009
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A second Scottish travel company has collapsed in less than a week following the demise of Globespan.
Glasgow-based ABTA member S V International Travel Service ceased trading on Thursday and cannot meet its future liabilities.
The company also had a branch in Edinburgh and was a wholly owned subsidiary of the Globespan Group.
It also traded as Anglo Scottish American Travel, 1st World Travel, Air Savers, Anglo Scottish Air Savers, ASAT, Canadian Travel, Direct Flightsavers, Flightsavers, Flightsavers Direct, Kangaroo Club and World Travel.
Information on the number of forward bookings through this company is currently unavailable, ABTA said.
Any retail claims arising from the failure will be handled by ABTA’s claims handling partner CEGA.
The company also had licensable turnover and any ATOL claims will be handled by the Civil Aviation Authority.
by Phil Davies
Phil Davies
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