XL Leisure Group Plc, XL Airways UK Limited, ExcelAviation Limited, Explorer House Limited, Aspire Holidays Limited, FreedomFlights Limited, Freedom Flights (Aviation) Limited, The Really Great HolidayCompany plc, Medlife Hotels Limited, Travel City Flights Limited, Kosmar VillaHolidays plc have announced on their website that they are all in Administration.
The Companies entered into Administration havingsuffered as a result of volatile fuel prices, the economic downturn, and wereunable to obtain further funding.
All passengers who have yet to commence their travelshould make alternative arrangements as detailed on their website. 1000s of angry tourists are stranded invarious European locations. Sky news reports of 22,090 travellers stranded injust Corfu, who will be repatriated under the CAA’s arrangements. According to XL, all passengers are ATOL protected if they bought their holidays with LX Leisure Group tour operators.
A total of 85,000 people were left stranded when XLwent into administration early on Friday morning, grounding its fleet ofplanes.
