Almost 4,200 seek €3.8m in travel costs compensation from Commission for Aviation Regulation

Claims totalling €3.8m have been made to the Commission for Aviation Regulation by almost 4,200 Irish customers of travel agent Lowcostholidays which collapsed in July last year.

Irish tourists who had their holidays disrupted by the sudden closure of the firm have sought refunds from the commission.

The scale of the refunds sought is likely to place pressure on the Travellers’ Protection Fund, which is funded by contributions from tour operators and administered by the commission, to meet any shortfalls where bonds do not cover the extent of customers’ losses in the event of a firm’s collapse.