Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Administrative Services
Travel Agency, Tour Operator And Other Reservation Service And Related Activities
Travel Agency And Tour Operator Activities
79.11 - Travel agency activities

393 jobs
Number of planned job losses
Job loss
Announcement Date
26 October 2012
Employment effect (start)
26 October 2012
Foreseen end date

Description

Holiday company Bowen Travel Group has made 393 staff redundant after going into administration. 55 employees are still working in the firm in order to assist with remaining operations.

The company has 38 branches and 132 coaches. According to administrator Deloitte, Bowen was unable to pay salaries.


Sources

  • 26 October 2012: BBC News

Citation

Eurofound (2012), Bowen Travel Group, Bankruptcy in United Kingdom, factsheet number 74408, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74408.