September 14, 2008
Travel Agencies Face Meltdown
TRAVEL agents could go under in an industry-wide meltdown, a trade expert warned last night
The collapse of XL and of a string of airlines in the face of high fuel prices and tough trading conditions would have knock-on effect, said Malcolm Preston of accountancy firm PricewaterhouseCoopers.
Passengers should book with reputable firms covered by industry bodies such as Abta to protect themselves against loss, he said.
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