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Trauma in the travel sector

Flyglobespan was Scotland's biggest airline. Based in Edinburgh, it entered into administration all too suddenly on 16 December 2009 in rather curious circumstances involving several million pounds owed to it by its receipts-handling company. Flyglobespan's advice notice to customers, posted on its website at the time of its collapse, can be used as a typical and now all too familiar example for the 13 or so travel firms that have gone bust since:
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