Rescue efforts on for stranded FlyGlobeSpan passengers

Facing liquidity issues, FlyGlobeSpan flights hasnow grounded all flights, only days after it insisted it would not be going down.

As this announcement came forth, many travelers seeking to go abroad for Christmas had to rearrange their plans, or of course, simply find themselves stranded over the festive season. Besides those in the UK hoping to spend their holiday abroad, this latest turn of events has also affected thousands of passengers that have been left stranded overseas.

Rescue missions have currently been set up to assist travelers stranded abroad after the flights were cancelled. The number of passengers is said to be as high as 3,400. Many of the passengers are not protected under the ATOL insurance programme and over 90,000 passengers that have bookings for the next few months are also not covered. However, 27,000 passengers are protected under the act.

The airline’s webpage has been replaced by an information page that informs and instructs passengers on what to do next. Five thousand passengers were reportedly booked for the next couple of days. Price Waterhouse Coopers are currently the caretakers of the airline after they failed to find the needed investors to bail it out. Also suffering is Globespan, which is the package tour operator and a sister concern of FlyGlobeSpan.

Customers of the Globespan group are most likely to be protected by the ATOL scheme and will be relatively unscathed. But passengers that have already booked flights will not be offered a refund and neither will those that are not protected under the ATOL scheme, it has been reported.

Passengers that are stranded abroad are requested to stay in their hotels or accommodations and all extra charges will be taken care of by the CAA. The CAA will also be responsible for bringing home the stranded passengers, and they have been advised to contact them at the earliest. RyanAir is also offering rescue fares for the stranded passengers