Holiday rescue as airline LTE goes bust

Holiday rescue as airline LTE goes bust

news.uk.msn.com

Hundreds of British holidaymakers are arriving home on other airlines after a Spanish carrier suspended all flights after running into financial difficulties.

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The effects of the global credit crisis have taken a big toll on the travel industry this past week, with the travel giant thomas cook loosing almost a third of its net value in just one day alone and now spannish airline LTE can't even afford to fly its tourists back home! If tourism comes to a halt this will put many more businesses in jeopardy that rely on tourism! EG: Hotels, Shuttle services, Tour Guides, Resorts, soveigner shops and more


news.uk.msn.com
(visit the link for the full news article)

edit typo.

[edit on 18-10-2008 by fill0000]