TITLE

'Minimum bond will cover claims'

PUB. DATE
May 2009
SOURCE
Travel Weekly (UK);5/1/2009, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the reaction of Advantage, a consortium of independent travel agents in Great Britain, to the failure of its former member Freedom Direct Holidays, a call centre. According to Advantage, the failure will not affect it financially. Advantage's chief executive officer (CEO) John McEwan says that, he is confident that the consortium's minimum insurance bond of £300,000 for its centralized automated payment system (CAPS), will cover any claims by the call centre.
ACCESSION #
41980306

 

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