https://www.breakingtravelnews.com/tags/tag/flyglobespan/ Flyglobespan News en Breaking Travel News Copyright 2026 2026-07-01T18:48:28+00:00 https://www.breakingtravelnews.com/news/article/travel-tycoon-elias-elia-declared-bankrupt/ https://www.breakingtravelnews.com/news/article/travel-tycoon-elias-elia-declared-bankrupt/ Controversial travel tycoon, Elias Elia, owner of the credit card company blamed for the collapse of Flyglobespan, has been declared bankrupt. The Greek Cypriot’s firm E-Clear was accused of withholding £35 million from the Scottish carrier, which collapsed in December 2009. Wed, 08 Jun 2011 12:02:19 +0000 https://www.breakingtravelnews.com/news/article/elias-personal-assets-to-be-frozen-as-100m-goes-missing/ https://www.breakingtravelnews.com/news/article/elias-personal-assets-to-be-frozen-as-100m-goes-missing/ Greek travel entrepreneur Elias Elia is set to have his personal assets frozen as the administrators of his failed credit card company E-Clear try to account for a hole in its finances worth up to £100m. Mon, 25 Jan 2010 12:18:24 +0000 https://www.breakingtravelnews.com/news/article/court-order-forces-e-clear-to-come-clean-on-missing-35m/ https://www.breakingtravelnews.com/news/article/court-order-forces-e-clear-to-come-clean-on-missing-35m/ A judge has ordered the payment processing company connected to the collapse of Scottish carrier Flyglobespan to prove it has £35m in the next two days. E-Clear has been ordered to prove that it has the money – which it allegedly held back from the failed airline, causing its collapse last month – by this Friday (January 15). Wed, 13 Jan 2010 12:26:40 +0000 https://www.breakingtravelnews.com/news/article/globespan-administrators-and-e-clear-set-for-high-court/ https://www.breakingtravelnews.com/news/article/globespan-administrators-and-e-clear-set-for-high-court/ The administrators of Globespan and E-Clear are set for a High Court hearing tomorrow in a bid to resolve the stalemate over £35m in unreturned passenger funds. Mon, 11 Jan 2010 13:25:55 +0000 https://www.breakingtravelnews.com/news/article/concerns-mount-over-e-clear/ https://www.breakingtravelnews.com/news/article/concerns-mount-over-e-clear/ The business interests of Greek travel industry entrepreneur Elias Elia have been further called into question after news that E-Clear, his payment processing company, is now facing a separate legal claim from Canadian operator Go Travel Direct in addition to £35m being sought by the administrators of Globespan. Mon, 04 Jan 2010 13:19:24 +0000 https://www.breakingtravelnews.com/news/article/elia-breaks-silence-over-globespan-collapse/ https://www.breakingtravelnews.com/news/article/elia-breaks-silence-over-globespan-collapse/ Elias Elia, the owner of E-Clear, the online transactions company linked to the collapse of the Globespan airline, has broken his silence over his company’s position, saying that his firm was not responsible for the airline’s collapse, and that he was getting on “extremely well” with administrators. Thu, 24 Dec 2009 13:00:51 +0000 https://www.breakingtravelnews.com/news/article/row-over-globespan-collapse-intensifies/ https://www.breakingtravelnews.com/news/article/row-over-globespan-collapse-intensifies/ Administrators for Globespan have asked its credit card transactions firm to put £35m of owed money into a joint bank account, following claims it had caused the collapse of Scotland’s largest airline by stalling on payments. E-Clear’s owner, Greek travel industry entrepreneur Elias Elia, is also the owner of Allbury Travel, which also collapsed at the weekend. Tue, 22 Dec 2009 13:20:49 +0000 https://www.breakingtravelnews.com/news/article/helplines-set-up-for-flyglobespan-passengers/ https://www.breakingtravelnews.com/news/article/helplines-set-up-for-flyglobespan-passengers/ Two dedicated phonelines have been set up to deal with the huge number of passengers affected by the collapse of the Globespan Group. More than 8,000 calls have been received from passengers either stranded abroad or waiting for news in Scotland following the collapse of the group, which included the airline Flyglobespan. Fri, 18 Dec 2009 13:33:03 +0000 https://www.breakingtravelnews.com/news/article/skyscanner-traffic-spikes-283-as-flyglobespan-collapses/ https://www.breakingtravelnews.com/news/article/skyscanner-traffic-spikes-283-as-flyglobespan-collapses/ Travel search site Skyscanner has already seen an 283% rise on searches for Flyglobespan routes and expects to see traffic increase further as news of the airline’s collapse spreads and affected travellers scramble to find replacement flights. Thu, 17 Dec 2009 15:05:19 +0000 https://www.breakingtravelnews.com/news/article/easyjet-extends-rescue-package-for-flyglobespan-passengers/ https://www.breakingtravelnews.com/news/article/easyjet-extends-rescue-package-for-flyglobespan-passengers/ Following the announcement that Flyglobespan has suspended its operations, easyJet, the UK’s largest airline, has extended its rescue package for stranded passengers to ensure they can get back to the UK for Christmas. Thu, 17 Dec 2009 14:55:04 +0000 https://www.breakingtravelnews.com/news/article/abta-calls-for-airlines-to-have-financial-cover-after-flyglobespan-collapse/ https://www.breakingtravelnews.com/news/article/abta-calls-for-airlines-to-have-financial-cover-after-flyglobespan-collapse/ ABTA is calling on the Government to take action following the failure of Scottish airline Flyglobespan which has left thousands of people who booked flight only tickets stranded abroad and thousands more out of pocket. Thu, 17 Dec 2009 14:47:53 +0000 https://www.breakingtravelnews.com/news/article/abta-calls-for-airlines-to-have-financial-cover-after-flyglobespan-collapse/ https://www.breakingtravelnews.com/news/article/abta-calls-for-airlines-to-have-financial-cover-after-flyglobespan-collapse/ ABTA is calling on the Government to take action following the failure of Scottish airline Flyglobespan which has left thousands of people who booked flight only tickets stranded abroad and thousands more out of pocket. Thu, 17 Dec 2009 14:47:04 +0000 https://www.breakingtravelnews.com/news/article/thousands-stranded-abroad-as-flyglobespan-collapses/ https://www.breakingtravelnews.com/news/article/thousands-stranded-abroad-as-flyglobespan-collapses/ Over 4,000 British holidaymakers have been left stranded abroad following the collapse of Scotland’s largest holiday charter and budget airline, Flyglobespan. A further 117,000 who have booked Christmas breaks will miss out on holidays, with 90,000 expected to lose the value of their tickets, whilst 800 jobs are to go. Thu, 17 Dec 2009 11:01:03 +0000 https://www.breakingtravelnews.com/news/article/btn20090126123656499/ https://www.breakingtravelnews.com/news/article/btn20090126123656499/ Scottish low-cost carrier Flyglobespan has defied the aviation downturn by announcing it will post record annual profits of £1.2 million for the year to 31 October 2008.This marks a stark turn around for the Edinburgh-based airline, which posted losses exceeding £10m in the previous year due to investments in new aircraft, rising fuel and problems on its Canadian routes. At one stage it was tipped by industry insiders as one of the next casualties in the aviation crisis. Mon, 26 Jan 2009 12:36:14 +0000