Claims totalling €3.8m made over Lowcostholidays collapse

Travel Agents are calling on the government to meet with them to discuss compensation for those who lost out when Lowcostholidays folded.

So far 4,200 Irish customers have made claims to the Commission for Aviation Regulation, for a total of €3.8m.

Lowcostholidays only paid €80,000 into a compensation fund, so the money will need to be found elsewhere - from the Travellers Protection Fund.

The Irish Travel Agents Association is calling for travel agents to be required to pay into a collective pool that could be used to refund customers who lose out if an agent becomes defunct.

Email Updates

Receive our lunchtime briefing straight to your inbox

More in this Section

Click&Go founders hope their success inspires others to take the plunge

State and AIB ask High Court to strike out application to prevent sale of State shareholding in bank

New visa processing centre in Qatar will lead to Irish economic benefits

50 new jobs for Dublin and Galway


Today's Stories

Tourism and aviation must shout louder at Brexit table

Greencore shares rise on improved US outlook

Saoirse Ronan’s firm gets a star turn as profits on the rise

Hibernia Reit eyes offices growth

Lifestyle

Lorraine Kelly never felt better as she heads for 60

LauraLynn provide numerous services to families and support that is 'absolutely fantastic'

Director Stephen Frears has a new-found love for West Cork

Making Cents: Why we need to eliminate waste from food budgets

More From The Irish Examiner