Second operator collapses
Fly Elite, an operator mainly selling packages via advertising on Teletext, has failed.
The CAA called in the company’s ATOL bond of £360,000 today after it ceased trading. Fly Elite also sold holidays via its own website.
The south London-based operator of packages to the Mediterranean and Florida folded less than 24 hours after short break specialist Travelscene collapsed.
The CAA is organising for all customers abroad on holiday to fly home as planned but there will be no more outbound flights for Fly Elite passengers.
Customers who have not travelled will be able to claim a refund from the CAA. Details are available on the ATOL website at: www.atol.org.uk
Report by Phil Davies
Phil Davies
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
U.S.A. and Israel attacks on Iran impact air movements in the Gulf (Update 1.00pm CET)
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
WTTC global tourism reached record economic impact of 11 trillion in 2025
Marginal increase for New York City tourism in 2025