Scottish airline Flyglobespan goes bust

At the time air travellers are off on holidays for Christmas, BA is going on strike and then Flyglobespan goes out of business, leaving 4,000 passengers stranded.

An announcement on their website reads "Bruce Cartwright, Graham Frost and Ian Oakley-Smith at PricewaterhouseCoopers (PwC) have been appointed as joint administrators to Scottish travel firm, The Globespan Group plc and Alba Ground Handling Ltd (‘the Group’) on 16 December 2009. It is likely that other Group companies including the airline which operated as Flyglobespan will be placed into administration on 17 December 2009."

Last year the airline, which employs 600 staff, carried more than 1.5m passengers and operated 12,000 flights.

Ryanair has said it will launch a Flyglobespan "rescue fare" to and from Edinburgh and Prestwick airports for any passengers affected. The Ryanair offer applies to flights into and out of Prestwick to Alicante, Faro, Gran Canaria, Lanzarote, Malaga, Palma and Tenerife, and into and out of Edinburgh to Alicante, Gran Canaria, Lanzarote, Malaga and Tenerife.


Direct Line Insurance issued a Press Release this morning entitled "Direct Line Travel Insurance introduces cover for the financial failure of airlines" and Protect my holiday.com issued one entitled "Globespan collapse highlights the need for travellers to check their Travel Insurance Protection"

Follow the links above to read these on the jml-insurance site


One of the companies that promotes Globespan Holidays say it is part of Globespan Group Plc which was set up in 1974. Globespan has over 30 years of experience with scheduled flights, chartered flights, coach and train travel, hotels and package holidays. Globespan has put particular emphasis on holidays departing from Scotland. Globespan has specialised in holidays to Canada, the United States and South Africa as well as familiar Mediterranean package holiday destinations in Spain, Portugal, France and Cyprus among others.

If you are are worried about your airline, car ferry operator so you have peace of mind for your holiday take a look at the Protect my holiday.com website Here