We were appointed Administrators for London and SE-based Independent Air Travel Ltd. Prior to appointment, the Joint Administrators ran an accelerated marketing campaign, successfully and quickly making a going concern sale to a firm with industry expertise and common stakeholders. Before administration, current and future bookings were successfully moved to another operator, safe-guarding the interests of clients on holiday at the time of appointment and those who had paid deposits, mitigating potential claims against the firm and bond providers. In a difficult, competitive industry, this has been a real success story.
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