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Old 19th Dec 2009, 19:28
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Capetonian
 
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Holidays cancelled as travel firm Allbury collapses

Allbury's collapse follows the demise of the Globespan airline

Thousands of overseas holidays have been cancelled after the collapse of a UK travel firm.

Allbury Travel Group, based in Hertfordshire - operating under the brands Libra Holidays, Argo Holidays and JetLife - has ceased trading.


Globespan link

The CAA is making arrangements to ensure customers on Allbury Travel Group holidays remain in their holiday accommodation and fly home as planned.

................

On Wednesday another travel company and airline, Globespan and its flyGlobespan subsidiary, went into administration with 4,500 people stranded overseas and 550 workers made redundant so far.

The administrator of that Edinburgh-based company is querying why around £30m was held back from Globespan by E-Clear, the company that handles its credit card transactions.

E-Clear also handled credit card transactions for the Allbury Travel Group.
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