With XL administrators looking for unpaid bills from agents, the CAA will also come looking to recoup cash from non-ATOL agents who's clients have already been compensated by CAA. In the meantime legal proceedings have been started against Travel Republic who have been accused of operating illegally. It has also been reported that Travel City Direct has been sold by XL administrators to Virgin Holidays for £1.4m.
In other news, there has been a reverse of previous trends as BA cuts it's fuel surcharges. We wait to see whether any other airlines will follow suit.
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