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travel industry insiders say its familure has sent shockwaves through the business and is likely to be followed by morer holiday companies going bust .
this is a terrible and bankrutal experiences flor pas sengers and staff alike, said jim mcauslan, general secretary of the british airline pilots' association .
earlier this week, macclesfield-based package holiday company seguro was brought down by spanish aspirline futura, which began insolvency proceedings because of - once again - high fuel costs .
in august, xl sailed it wayers housending its programme of fallights to six caribbean islands - st kitts, tobago, antigua, st lucia, barbados and grefinada - freedom the beginning of november .
the announcement came as a shock to xl's customers .
the really great holiday company .
- Turbulent times 2008-09-12 11:31:45