Bad news from the Irish travel industry today as reports show that Budget Travel, Ireland’s biggest operator, is to cease trading today...
The closure will lead to the loss of 172 jobs and the closure of 17 travel agencies.
Almost 750 people are on holiday abroad with the operator.
Up to 380 people were due to fly out on holidays with Budget Travel between tomorrow and Sunday from Dublin and Cork...
But flights have been cancelled and people are being told they can get a refund from the Irish Commission for Aviation Regulation...
Budget Travel managing director Eileen O'Sullivan was quoted by Irish media as saying: “This has been a painful and distressing time for us all and we deeply regret that this situation has arisen...
“We will do everything we can to minimise the impact of this decision especially on those who are currently travelling with us...”
The company was established in May 1975 and had a 30% share of the market...
There are those that blame the recent problems within the Irish tourism sector on the additional aviation taxes, but this all comes down to the general effects of the ongoing global recession proving that despite the calls of many that the worst is over, for many the worst is still to come...
Follow more of this story at http://www.travelmole.com/stories/1139656.php
Barticus.
The closure will lead to the loss of 172 jobs and the closure of 17 travel agencies.
Almost 750 people are on holiday abroad with the operator.
Up to 380 people were due to fly out on holidays with Budget Travel between tomorrow and Sunday from Dublin and Cork...
But flights have been cancelled and people are being told they can get a refund from the Irish Commission for Aviation Regulation...
Budget Travel managing director Eileen O'Sullivan was quoted by Irish media as saying: “This has been a painful and distressing time for us all and we deeply regret that this situation has arisen...
“We will do everything we can to minimise the impact of this decision especially on those who are currently travelling with us...”
The company was established in May 1975 and had a 30% share of the market...
There are those that blame the recent problems within the Irish tourism sector on the additional aviation taxes, but this all comes down to the general effects of the ongoing global recession proving that despite the calls of many that the worst is over, for many the worst is still to come...
Follow more of this story at http://www.travelmole.com/stories/1139656.php
Barticus.
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