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Holidays cancelled as firm collapses

Thursday, August 04, 2011 - 01:33

Aug. 4 - Travel firm Holidays 4U has gone into administration, leaving thousands of British tourists stranded in Turkey, and many other holidaymakers have seen their trips cancelled. Joanna Partridge reports

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They were supposed to be going on holiday, but aren't going further than the airport. These British holidaymakers booked through firm Holidays 4U - but it's gone into administration and their trips cancelled. SOUNDBITE: UNIDENTIFIED PASSENGER, WHOSE HOLIDAY WAS CANCELLED BECAUSE HOLIDAYS 4U HAS GONE INTO ADMINISTRATION, SAYING (ENGLISH): "I just feel disappointed and let down. It's been booked for months and months we've all been excited about it, just coming away as a family. What can we do? Just upset." SOUNDBITE: UNIDENTIFIED PASSENGER, WHOSE HOLIDAY WAS CANCELLED BECAUSE HOLIDAYS 4U HAS GONE INTO ADMINISTRATION, SAYING (ENGLISH): "It's just a load of rubbish what they're been doing. It should have all been sorted. We've not even had a phone call, can't tell you what's been going on today." Holidays 4U - which also trades as Aegeanflights - specialises in budget holidays and flights to Turkey. It had a turnover of 35 million pounds. The firm's collapse has come during the peak summer holiday season and over 12,000 of its customers are abroad. PriceWaterhouseCoopers, the firm's administrators say the Holidays 4U brands are members of a protection scheme, meaning people currently on holiday will be flown home: SOUNDBITE: IAN OAKLEY-SMITH, PRICEWATERHOUSECOOPERS, JOINT ADMINISTRATOR OF HOLIDAYS 4 UK LIMITED, SAYING (English): "The Civil Aviation Authority are arranging that at the moment and hopefully most of their holidays shouldn't be disturbed in any way." Like many other travel firms, Holidays 4U has been hit by the economic downturn. Its collapse comes as package-tour operator Thomas Cook said its CEO was stepping down following several profit warnings. Travel firms have also found it harder to sell holidays due to the political unrest in the Middle East and North Africa - and some analysts question whether Holidays 4U will only be the first company to collapse this summer. Joanna Partridge, Reuters

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Holidays cancelled as firm collapses

Thursday, August 04, 2011 - 01:33