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Civil Aviation Authority
Travel organiser`s ATOL bond called by CAA
Thursday, August 25, 2005
The Civil Aviation Authority today called the ATOL bond of London travel organiser Onshine Limited, after the firm ceased trading.

Onshine Limited, which also traded as Sunsplash Vacations, sold air package holidays primarily to Cyprus and Spain. The company`s registered office was at 38 Mount Pleasant, London W1. The company held Air Travel Organiser`s Licence 5660.

The ATOL bond of
Rania Deimezi - Thursday, August 25, 2005
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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