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Old 30th Sep 2002, 13:58
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RVR800
 
Join Date: Jan 2000
Location: UK
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MyTravel sharply down

The UK's biggest holiday firm MyTravel has issued its second profit warning in four months.
In response, shares in the company fell sharply. At 1343 GMT they were 39% lower at 78.5 pence.

The firm, previously called Airtours, said a change in the way it accounts for revenue from insurance policies would reduce this year's profits by as much as £15m ($23.5m) pounds.

MyTravel has seen business slow following the September 2001 terrorist attacks on the United States.

Souce BBC
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