Kiss Flights budget travel company ceases trading

A month after the collapse of Goldtrail, another British travel company specialising in Greece and Turkey has collapsed. Kiss Flights, which also sold budget flights to Egypt and the Canary Islands, went bust despite having about 60,000 future holiday bookings in place.

Kiss had been owned since January 2009 by the London company Flight Options. It ceased trading at 5pm yesterday.

Passengers due to fly out of Britain before 6pm today will be guaranteed their flights, according to the Civil Aviation Authority. The 13,000 Kiss customers currently abroad will get home too, the CAA confirmed. "We are picking up the pieces," said a spokesman. "People abroad will be fine."
 
Kiss and Goldtrail are just two out of 13 travel firms to have gone bust in Britain this year. The problems are obvious ones - belt-tightening in light of the recession, and the controversial decision to close British airspace in April because of the Icelandic  volcanic ash threat.

Read a full report at BBC News ·