The low-cost airline that has been in the headline this week, FlyGlobeSpan, finally called in administrators late last week after they failed in their bid to secure financial backing for the firm who also offered package holidays. The closure of their doors meant that thousands of people that were abroad were left stranded. Travellers that had booked a package holiday through the firm were covered by the Atol protection scheme, but those that had booked cheap flights directly with the airline were warned they would most likely receive nothing in the way of compensation or alternative flights.

Rival budget carriers, Easyjet and Ryanair, have already come to the rescue of passengers that may be stuck abroad and are offering them good deals so that they can return home. Others are being offered flights to the countries they were meant to be flying for the Christmas period. Thousands have already taken up the option to fly with the two airlines as they still have things like accommodation and car rentals booked with no chance of refund, because of the short notice.

As this latest piece of news has rocked the Scottish people who were looking for a cheap get away this Christmas, British Airways announced some good news. Only last week was it announced that the cabin crew would be going on a 12-day walkout over the Christmas period. British Airways went to the High Court last week and was granted and injunction against the strike as it was not conducted properly. There had apparently been votes by people who were no longer eligible to vote because they had left the firm or had given notice to leave.