trael pwc

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PwC on recent travel agents collapse

Aug 23rd, 2010 Posted in News | Read the full story

PwC partner Ian Oakley-Smith commented on the recent Kiss Flights collapse that "No-one expected" the budget holiday operator to fall into administration at the height of the holiday season. All recent travel operators that collapsed like Goldtrail, Sun4U and Kiss Flights, work off low margins and emergency reserves which ...