With PW involved thats quite probable. When XL when down it was quite believable since we all know airlines run huge overheads and the balance of finances is very tight. Very easy for it to tip and fall into the hands of the administrators as it did. Then a few years on Kiss goes down as well? This was just a ticket sales company that sold seats on Vikings aircraft. According to the figures, when it went down there were 13,000 people travelling at the time on tickets bought through Kiss and another 60,000ish sold tickets pending future flights. The company was little more than an office, a website and a handful of staff. It operated for just long enough to make a ton of cash, wind up a list of debts and probably not pay the taxman before it mysteriously collapsed. Makes you wonder doesn't it, how a company with such large sales and low overheads can fail ??
I know this is not directly related to this post but it needs to said......