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FlyGlobespan cash recovery move

6 January 2010

Accountants chasing creditors of the failed airline FlyGlobespan have taken legal action against the company that was handling online ticket sales (E-Clear).

The administrators’ action comes on top of three other legal cases lodged against E-Clear. Finance Secretary John Swinney welcomed the move.

E-Clear has also been fighting an action raised by those winding up SkyEurope, a Slovakian airline. It is claimed E-Clear was withholding £13m in ticket sales when that company went under last summer.

FlyGlobespan’s collapse left thousands of holidaymakers stranded abroad.

source: BBC News

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