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CAA steps in after collapse of Cheshire based travel firm
Thursday, September 11, 2008
The Civil Aviation Authority (CAA) has been called in to protect customers booked with Seguro Travel Limited after the company ceased trading yesterday.

Seguro Travel, also trading as Seguro Holidays and Kent Escapes, held ATOL licence 3251 and was based in Macclesfield. It operated air package holidays and flights out of Glasgow, Prestwick and Kent airports to Spain, the Canary Islands and Portugal and sold mainly through travel agents.

There are 2,500 holidaymakers currently abroad and approximately 18,000 customers with forward bookings who are yet to travel.

The CAA, under its ATOL (Air Travel Organiser’s Licensing) scheme, is making arrangements for customers abroad to complete their holidays and return to the UK and to fully refund those with forward bookings.

The CAA is currently issuing the following advice to Seguro Travel’s customers:

Customers due to travel

If you are due to travel on a Seguro Travel air holiday or flight you should submit a claim to the CAA. Claim forms are available on the ATOL website at www.atol.org.uk. Do not go to your departure airport as all holidays have been cancelled.

Customers currently abroad on holiday

Vicky Karantzavelou - Thursday, September 11, 2008
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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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