Icelandic airline Wow Air has cancelled all future flights leaving British passengers stranded abroad. The low-cost carrier made the announcement on Thursday morning, but was still selling tickets right up until 7am the same day. It comes after talks with a US financier and rival carrier, Icelandair, broke down. Wow Air was heavily in debt and had been seeking a backer for months.
Budget airline Cobalt has cancelled all flights leaving holidaymakers stranded. The Cypriot national carrier which flew to 23 destinations and operated flights at Heathrow, Stansted, Gatwick and Manchester, has advised customers not to travel to the airport.
Spanish-based travel agent eDreams and some other EU travel agents will no longer be allowed to offer customers Atol protection from the end of this month.
The collapse of Monarch Airlines has emphasised the importance of Atol protection. Anyone who booked a package holiday with Monarch will be fully refunded by the government backed scheme, while...