The high scale of the closure of Lowcostholidays last year would “dissipate” a compensation fund in place in Ireland in the event of another travel company collapse, the Irish Travel Agents Association (ITAA) said yesterday.

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

What happens next with Lowcostholidays. Here are your questions annwered.

Customers who paid bust operator Lowcostholidays may have to wait months to reclaim costs, according to the body tasked with licensing travel trade in Ireland.

Irish holiday-goers who booked trips away through lowcostholidays will this week find out how to reclaim their money after the company went into administration.