Another victim of their own success, and far too rapid an expansion.
They were far better when they were the small Airtours of the 1980's, and exclusively used chartered BAC1-11's from Dan-Air Services to operate their holiday flights.
I remember well that they were the only tour operator of the era not to serve meals on their Dan-Air flights - only coffee and biscuits.
Anyway, now saddled with all that debt, a fleet of aircraft, cruiseships, hotels, islands and not a cent in the bank!
Bring back the days of Pendle Tours Inc.
(For that matter, bring back Dan Air too).
My heart goes out to EVERYONE at MYT. Let's hope that a miracle occurs and the company re-emerges to fight another day, but in a leaner, more manageable form. Good luck guys.