Well this annualas horiblas seems to coming to an end for the civil avation sector, but it’s taken another casualty this year, in the form of FlyGlobespan.
It seems that a funding injection failure took Globespan to the brink and pushed it over. This hasn’t been helped with rumors going around that it was heading for the wall since the middle of this year.
PriceWaterhouseCoopers has been appointed as the administrators (with both the airline and the tour operations company). Customers who booked through Globespan as part of a package are protected via ATOL, however those who booked direct with the airline are formally up a creak sans paddle.
Both EasyJet and Ryanair has also issued rescue fares too to assist (on overlapping routes) with Thomas Cook laying on extra flights from Glasgow, however ~4500 people have been stranded by this collaspe, with 1100 people covered by ATOL. The remaining 3400 people may qualify for reduced rescue fares issued by the CAA/ATOL.
Obviously, it’s fleet of 2 737-700s, 3 737-800 and Boeing 737-700 and 767-300ER’s are grounded, pending disposal – with its 2 orders for 787’s reverting back to ILFC (Steven Udvar-Hazy’s International Lease and Finance Company)
The emergency contact number is 0871 271 9000