XL Leisure blames fuel prices for collapse

O'Flaherty, Kate
September 2008
Marketing Week;9/11/2008, Vol. 31 Issue 37, p45
Trade Publication
The article reports that XL Leisure Group, Great Britain's third largest package holiday company, has blamed rising fuel prices and the poor economic conditions for its collapse. According to the operator, it has been unable to obtain further funding, leaving thousands of holidaymakers stranded abroad. It has advised all of its customers who have yet to take their holidays to make alternative arrangements after going into administration on September 12, 2009 and grounding its flights.


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