Allbury Travel News
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.
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.
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.
Second holiday group collapses
A second UK travel company collapsed over the weekend leaving travellers stranded abroad and up to 4,000 forward bookings. Allbury Travel, owner of Greek specialist operators Libra Holidays, Argo Holidays and Jetlife, went into administration on Saturday.