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Second operator collapses
Tuesday, 20 Aug, 2004
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Fly Elite, an operator mainly selling packages via advertising on Teletext, has failed.
The CAA called in the company’s ATOL bond of £360,000 today after it ceased trading. Fly Elite also sold holidays via its own website.
The south London-based operator of packages to the Mediterranean and Florida folded less than 24 hours after short break specialist Travelscene collapsed.
The CAA is organising for all customers abroad on holiday to fly home as planned but there will be no more outbound flights for Fly Elite passengers.
Customers who have not travelled will be able to claim a refund from the CAA. Details are available on the ATOL website at: www.atol.org.uk
Report by Phil Davies
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