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Thousands of Globespan customers may only get 5% back

23 March 2010

Thousands of customers owed money by failed airline Flyglobespan may only get 5% of their fares back.

About 40,000 people, including hundreds of staff, were owed money or were left with worthless tickets.

PricewaterhouseCoopers said customers who paid by credit card or Visa debit could claim compensation but up to 8,000 others may receive just 5%. It would take up to two years to process all the Flyglobespan claims and called for better regulations to protect customers in future business failures.

source: BBC News

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