Scotland’s biggest airline FlyGlobeSpan has mounted an operation to repatriate it’s flight crews and passengers that are covered by insurance, following the financial collapse of parent company GlobeSpan yesterday.
Over 4,500 passengers are said to be stranded by the airlines sudden collapse, with most in Spain, Portugal, Cyprus and Egypt, the Civil Aviation Authority will repatriate around 1,100 of those stranded overseas.
GlobeSpan were put into administration yesterday putting 800 jobs under threat and causing untold misery to the many passengers and staff that have been stranded abroad.
Customers who booked directly through flyglobespan.com website are unprotected and will not get a refund, but they may qualify for a reduced rate repatriation fare, although some may also have credit card protection or personal travel insurance in place.
Earlier this year FlyGlobeSpan announced profits of £1.2 million, following a disastrous £19 million loss in the previous year.
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