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Flyglobespan into administration

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Old 16th Dec 2009, 17:08
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Flyglobespan into administration

BBC News - Flyglobespan goes into administration
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Old 16th Dec 2009, 17:11
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Travel Trade Gazette also have the story

Flyglobespan goes into administration
Wednesday, December 16, 2009
Martin Ferguson

Scottish travel company Globespan Group, which owns web-based flight and package holiday firm Flyglobespan.com, is in the process of entering administration after failing to secure a last-minute investment package, TTG understands.

A source told TTG that papers were in the process of being served to the courts and that a formal statement from Globespan and the CAA would follow.

TTG understands the company's staff has been informed.
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Old 16th Dec 2009, 17:13
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Good luck to all involved - what a horrible time to happen, why do these things always happen at xmas..
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Old 16th Dec 2009, 17:14
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Gutted, was off to ASI tonight.

Flew with some good people.

Oh well, at least I'll be home for Christmas!!
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Old 16th Dec 2009, 17:15
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Please correct me if i'm wrong but i heared that Thomson had some interest.....
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Old 16th Dec 2009, 17:15
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"TTG understands the company's staff has been informed."

Well I wasnt informed
Was just about to go and get ready for work tonight
One of the engineers called me
Typical !
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Old 16th Dec 2009, 17:19
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Before everyone starts talking too fast. Has the company stopped operating/trading? It's the job of the administrators to find a buyer, or even trade out of trouble, if they can.
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Old 16th Dec 2009, 17:19
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Link to BBC Scotland

http://http://news.bbc.co.uk/2/hi/uk...st/8417183.stm

Very sorry guys, very sorry indeed. Always held a lot of affection for your operation. It isn't without its ups and downs, but it always seems to hold its own and pulls through the sh1t. I wish someone would come in and save the day. Doesn't deserve to go!
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Old 16th Dec 2009, 17:20
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Condolences to those affected, horrible time of year for it to happen.
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Old 16th Dec 2009, 17:20
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Doubt Thomson wants it, shedding aircraft and crews like mad. Maybe save a few jobs though?
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Old 16th Dec 2009, 17:24
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Just tried to make a booking reservation, and the site wont allow it, looks like they have stopped - surely if they wished to trade out trouble if you would still be taking the bookings?

I imagine it will be a case of get the a/c back asap, if airports will allow them to depart, much like when excel went under.

awful news. me thinks more to come.
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Old 16th Dec 2009, 17:24
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Terrible news for all employees, but as for Dalrymple and his witchy sister, not much I can say that would be acceptable here on pprune
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Old 16th Dec 2009, 17:27
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El Grifo

Know what you mean. Those two will be fine I'm sure.
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Old 16th Dec 2009, 17:27
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still waiting for the call...

thanks a bunch TD
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Old 16th Dec 2009, 17:28
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Very sad news indeed, condolences to all involved with the airline and also some sadness as they are a scottish company.

I understood that the airline had made a small profit. Was this just the airline as opposed to the globespan group in general which appears to have gone to the wall.

My holiday in september with globespan was excellent.
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Old 16th Dec 2009, 17:31
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You hinted a while ago Bob
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Old 16th Dec 2009, 17:37
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Who are the administrators?
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Old 16th Dec 2009, 17:39
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quote from the BBC:

A statement is expected soon from PricewaterhouseCoopers, (PWC) which has been appointed as administrator.
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Old 16th Dec 2009, 17:40
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PricewaterhouseCoopers are the administrators.

Sad news indeed.
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Old 16th Dec 2009, 17:40
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From BBC News:
BBC News - Flyglobespan goes into administration

"Set up in 2002, the company operates from five UK airports, including Prestwick, Edinburgh and Aberdeen."


Correct me if I'm wrong but I don't recall them ever operating out of PIK?

Is Alba Handling wholly owned by the Globespan Group? Will that be them gone as well. They hold the Flybe contract @ Glasgow, had quite an impact on Servisair when they wont that contract.
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