Four travel firms collapse leaving bookings cancelled with 'uncertain prospects for refunds'
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Four British travel companies have collapsed in the opening months of 2026, leaving customers facing cancelled holidays and uncertainty over whether they will recover their money.The failures come against a backdrop of rising aviation fuel costs linked to the Iran crisis, alongside international travel warnings that have created instability across the sector.Industry observers have warned that further firms could come under pressure if these conditions persist.When travel operators cease trading, holidaymakers often lose both their trips and their payments unless bookings are protected under schemes such as ATOL.
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