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UK Holiday Company Goes Bust  
User currently offlinelhr380 From , joined Dec 1969, posts, RR:
Posted (3 years 3 months 2 weeks 6 days 10 hours ago) and read 5985 times:

http://www.bbc.co.uk/news/uk-england-14387656

Holidays 4 UK, a UK holiday company mainly dealing with Turkish Holidays has this morning gone bust.

They used Onur Air for their flights, with departures from BRS CWL LGW EDI GLA MAN and BFS
What problems will this cause the carrier?>

9 replies: All unread, jump to last
 
User currently offlinerichardw From United Kingdom, joined May 2001, 3756 posts, RR: 0
Reply 1, posted (3 years 3 months 2 weeks 5 days 23 hours ago) and read 5575 times:

Perhaps depends where some of the 'Onur Air' flight monies are and if they received any monies in advance of passengers departing.

It is still high season and demand for Turkish holidays is high, Onur Air may be OK if the rest of the seasons flights can be sold.


User currently offlineflywrite From United Kingdom, joined Jul 2009, 195 posts, RR: 0
Reply 2, posted (3 years 3 months 2 weeks 5 days 18 hours ago) and read 5313 times:
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It might make Onur Air a bit rarer in UK skies, whereas it had become one of the biggest foreign charter airlines flying here. They were regulars in MME and NCL too

User currently offlinesandyb123 From UK - Scotland, joined Oct 2007, 1124 posts, RR: 0
Reply 3, posted (3 years 3 months 2 weeks 5 days 18 hours ago) and read 5209 times:
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Quoting lhr380 (Thread starter):
Holidays 4 UK,

Interestingly the BBC have got this companies name wrong. It is 'Holidays 4U' (as in for you).

Shame to see such a large travel operator go bust. 60,000 britons are effected. Luckily as it's mainly a package operator most should get their money back from the ATOl scheme.

Sadly company liquidations are not very public in the UK but will be interesting to see the liquidators report as to why this happened if / when it's published.

Sandyb123



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User currently offlinecaaardiff From United Kingdom, joined Jul 2006, 191 posts, RR: 0
Reply 4, posted (3 years 3 months 2 weeks 5 days 17 hours ago) and read 5134 times:

Such a shame another large Tour Operator has gone. Very few left now in the UK. I wonder when the economy improves how many new Tour Operators we'll see, and if people will be too afraid to book with a new company.
I'm surprised H4U weren't doing well, as they must've picked up alot from the Goldtrail collapse last year.
Onur Air were fortunate in that H4U took on alot of business for the UK operations. I wonder if they went into any deals with caution so as not get get burned like they did with Goldtrail.


User currently offlinelapper From United Kingdom, joined Mar 2002, 1567 posts, RR: 7
Reply 5, posted (3 years 3 months 2 weeks 5 days 14 hours ago) and read 3981 times:

Quoting sandyb123 (Reply 3):
Interestingly the BBC have got this companies name wrong. It is 'Holidays 4U' (as in for you).

The holding company is Holidays 4 UK Limited, trading as Holidays 4U and Aegean Flights.


User currently offlineFCAFLYBOY From United Kingdom, joined Nov 2006, 604 posts, RR: 0
Reply 6, posted (3 years 3 months 2 weeks 5 days 12 hours ago) and read 3121 times:

And unfortunately there will be more. I know of two companies
Who are deemed 'critical' but both are more luxury operators rather than
Bucket and spade.

It's a shame but at the same time necessary as there are too many
Tour Operators competing for the same punters.


User currently offlinesandyb123 From UK - Scotland, joined Oct 2007, 1124 posts, RR: 0
Reply 7, posted (3 years 3 months 2 weeks 5 days 12 hours ago) and read 2834 times:
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Quoting FCAFLYBOY (Reply 6):
deemed 'critical' but both are more luxury operators

Go on.... who?

Sandyb123



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User currently offlineBennett123 From United Kingdom, joined Aug 2004, 7742 posts, RR: 3
Reply 8, posted (3 years 3 months 2 weeks 5 days 9 hours ago) and read 2067 times:

The curious thing about this failure is the timing.

presumably they were taking money in, but now they would have, (overall) been paying out to airlines, hotels etc.


User currently offlineFCAFLYBOY From United Kingdom, joined Nov 2006, 604 posts, RR: 0
Reply 9, posted (3 years 3 months 2 weeks 5 days 8 hours ago) and read 1986 times:

Quoting sandyb123 (Reply 7):

No I don't think it's fair to make speculation public.
It could amount to nothing, but discussing names wouldn't
Be very helpful to anyone.

Either way, hopefully it won't happen and result in more job losses
And lost holidays!


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