Allbury Travel Group stops trading

The collapse of another travel firm in the UK has left Brits stranded overseas and thousands who will now have to make alternative arrangements for up and coming holidays. There is only thought to be around 100 people that have been left stuck in countries like Cyprus and Egypt, but the Civil Aviation Authority (CAA) are expected to be notifying 4,000 people not to bother turning up for pre-booked holidays with the travel firm.

Allbury operated under different names in the travel market that includes Jet Life, Libra Holidays and Argo Holidays. The firm also has close links with the credit payment company, E-Clear. All those that had booked holidays with these companies will now have to make alternate arrangements and file all claims for a refund with the CAA. The administrators looking after the finances have hinted that it looks as if most of the packages booked will be covered by the Atol insurance scheme.

This is the second travel company in the last seven days to call in administrators after they can no longer manage their operating costs. Just last week the Scottish low-cost carrier and package holiday firm, FlightGlobeSpan, surrendered to the recession and cancelled all trips and flights. They had left thousands stranded with no chance of alternate booking this close to Christmas. People that had booked directly with the airline were also unlikely to receive compensation as it will not be covered by the Atol protection. Easyjet have since come to the rescue of some stranded abroad and offered them special deals to get home before Christmas.