|
|
Post by kevmul on Aug 17, 2010 20:00:39 GMT 1
Unfortunately another company has ceased trading today. Kiss Flights travel company folded at 17:00 Tuesday. www.bbc.co.uk/news/business-10449594ATOL protected but worrying times for many.  |
|
|
|
Post by Biggles on Aug 17, 2010 21:38:43 GMT 1
Another sad event, what I wasn`t happy about today was the information given out on the news was that the holiday company was stating that for the next 21 days I think, was recomending that holiday makers with bookings during this period should go to aviod problems here in the UK and that anyone already abroad would be returned.
Coming back should not be a problem but telling people to still go is irresponsible, as the Hoteliers in resorts won`t be happy having customers from a failed company turning up. The previous collapse hoteliers sent people onto the streets and or wanted them to pay large cash sums. Is Kiss any different that would stop that happening ? I Don`t think if it was me, I would risk going.
|
|
|
|
Post by viscount on Aug 18, 2010 9:24:22 GMT 1
As I understand it, Kiss was a flight broker rather than selling packaged arrangements.
As it was selling seats on flights being used by other companies, many of the flights will continue to operate, so to take Kiss customers for 24 hours after going bankrupt is not going to cost airlines too much, but will earn considerable goodwill and prevent ugly scenes at check-in etc as Kiss passengers are prevented from travelling, while other passengers check-in and travel on the flights. As Kiss were a seat sales broker, the passengers were responsible for their own accommodation arrangements.
However, how many of Joe public, watching the tv news today etc will understand this the next time a Tour Operator goes bust and feel they should still fly in the 24 hour period after insolvency?
Added two hours later on 'modify':
I stand corrected by the following two posts - as is so often the case, the tv news omits the facts (ie the news), and concentrates on opinion (ie comment). If they give the wrong opinion on the one the subject I know about, how much do they get the detail wrong on stories I don't have industry knowledge about? If you cannot trust the newspapers or tv news, there is only one place to trust - this forum!
Thank you Calflier & Buspilot.
|
|
|
|
Post by calflier on Aug 18, 2010 10:00:55 GMT 1
Kiss flights were the retail arm of Viking airlines,although it looks there is no threat to Viking themselves,they will be reducing their fleet by three a/c,so it will cost that particular airline,with loss of revenue and aircraft and a dependency on fewer customers.
|
|
|
|
Post by buspilot on Aug 18, 2010 10:49:37 GMT 1
Not quite correct.
Kiss Flights was a subsidiary of Flight Options, a sports tour operator and dynamic packager. The parent company went bust. Kiss was purchased from former XL directors, who had formed the company after XL's failure, in January 2009 by Flight Options. Other than Viking being the charter carrier for Kiss flights, there was no further connection.
Viking are returning the three aircraft leased from Sunwing for the summer as a result of this failure.
.
|
|
|
|
Post by calflier on Aug 18, 2010 11:24:19 GMT 1
Not quite correct. Kiss Flights was a subsidiary of Flight Options, a sports tour operator and dynamic packager. The parent company went bust. Kiss was purchased from former XL directors, who had formed the company after XL's failure, in January 2009 by Flight Options. Other than Viking being the charter carrier for Kiss flights, there was no further connection. Viking are returning the three aircraft leased from Sunwing for the summer as a result of this failure. . Thanks for the correction Buspilot. I am glad you can keep up with the cross financing and ownership of these companies,after all thats why when receivers are called in,it takes so long to sort out the mess!,people who book with these operators should thank god for the CAA/ATOL bond.Better still dont give them your money in the first place. |
|
