The Civil Aviation Authority has confirmed that HCCT (Holidays), trading as CT2 Flights, has gone into administration.
The Sale-based company specialised in flights and holidays principally to Tenerife and other Canary islands. All outbound flights have now been cancelled.
The operator’s £7 million bond has been called in by the Civil Aviation Authority to help rescue 1,000 holidaymakers abroad and reimburse almost 40,000 with forward bookings.
Most sales of CT2 and sister firm LOCO Flights were made through travel agents with flights from Manchester, Leeds/Bradford and other airports in the Midlands and North of England, the CAA said.
The CAA is making arrangements for all holidaymakers abraod to fly home as planned.
Report by Phil Davies
