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XL Leisure Goes Bust

Britain’s third largest package holiday operator XL Leisure Group went bankrupt last month due to high prices for jet fuel and adverse economic conditions.

According to the Greek Civil Aviation Authority, at the time of the company’s closure a total of 85,000 people were stranded abroad and 200,000 had made advanced bookings.

XL Leisure Group, which operated XL airlines and flew to 50 destinations, offered flights and package holidays to the Mediterranean, including Greek islands (Crete, Rodos, Zakynthos) and the Caribbean.

The group, which carried 2.3 million passengers last year, had 1,700 employees worldwide.


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About the Author
Nikos is Greek-American born in New York, USA, and has lived in Greece for over 30 years. He is the managing editor of Greece's leading monthly travel and tourism guide, the Greek Travel Pages (GTP) since June 2008 and of news site GTP Headlines since its launch in September 2012. Nikos has also served as international press officer for the City of Athens and for the mayor. He is a native English speaker and speaks Greek fluently.

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