British Travel Company Collapses:

September 12, 2008. British Travel Company Collapses

SOURCE:Air Security International

Spokesmen at XL Leisure Group Plc announced the company has gone into administration on 12 September 2008, stranding thousands of travelers around the world. British Civil Aviation Administration officials stated that approximately 89,000 travelers who used the XL airline and travel agency will need to make other travel arrangements as the company will be unable to continue operating. An announcement on the XL Website cited rising fuel costs and a slowing economy as reasons for the financial collapse. XL Airways officials announced that all scheduled flights have been canceled and the company's aircraft will be unable to operate. TUI Travel Plc, a rival tour company based in Europe, announced that the firm will try to assist stranded travelers with making alternate travel plans.

Insurance Services of America policyholders: if you had a flight booked with an XL Airline, be sure to call the 24 hour travel assistance number on your ID card. Representatives are standing by to provide you with the astonishing travel assistance services outlined in your policy, such as book you on a different flight, get you a hotel room, emergency cash, and more.

You just never know what might happen while you travel; that's why you shouldn't leave home without adequate coverage. Call the experts at Insurance Services of America when you plan your next trip and see how affordable peace of mind can be.

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