Flyglobespan goes bust

Yesterday I suspect passengers who had flights booked with Flyglobespan over the Christmas break were gloating somewhat over fellow passengers who had flights booked with British Airways.

How things have changed in 24 hours.

Unfortunately Flyglobespan, Scotland's biggest airline has now called in the administrators meaning that the Civil Aviation Authority is now responsible for bringing around 1,100 holidaymakers home who are currently on Globespan package holidays.

These are the lucky ones.

For the remaining 3,500 who booked direct and are overseas, the bad news is they are not covered, there are also around 27,000 people who have flights booked in the future through the ATOL insurance scheme, and around 90,000 people who have advanced bookings but have no ATOL insurance protection.

However, they may be protected under their own personal travel insurance or through their credit card transaction.

Flyglobespan was set up in 2002, employed 800 staff and operated from five UK airports, including Prestwick, Edinburgh and Aberdeen.

The staff have now all been made redundant, that must be an awful blow the week before Christmas. And not good news for Scotland.