Friday, September 19, 2008

The Throb of the Engines

This just in from a pal in the airline business...

The latest XL related casualty is the closing this morning of....wait for it...Throb Holidays.

Throb specialises in holidays for gay persons...nothing like using a discrete name! At least the passengers had protection (so to speak) through the ATOL scheme.

Throb had of course paid all their money to XL, and now cannot recover those funds. This is the problem with tour operator to tour operator sales. Passenger's remain protected through the bonding scheme, but the tour operator who has paid their money (in this case to XL Leisure, as opposed to the airline) loses it and simply becomes a creditor.

You couldn't make it up....

8 comments:

Jenny D said...

Absolutely, at least the customers had ATOL protection. I just worry about
Holidays which have been booked through agents who are not ATOL or
ABTA protected. I know I will be ensuring I book my holidays through
agents who only hold an ATOL/ABTA licence.

Jenny D

Jenny D said...

Absolutely, at least the customers had ATOL protection. I just worry about
Holidays which have been booked through agents who are not ATOL or
ABTA protected. I know I will be ensuring I book my holidays through
agents who only hold an ATOL/ABTA licence.

Jenny D

Ken Dyer said...

Jenny, this is of course the lesson to be learned out of whats happened to XL. Do not book holidays through non-ATOL tour operators or non-ABTA travel agents. Sadly we tend to be a fickle bunch and in a few weeks, if there have been no other major shocks, XL will be forgotten and people will be booking whatever is cheapest, and not looking at the security of the operator.

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