The summer season is now underway, but holidaymakers face disruption as ten travel firms have collapsed, cancelling holidays and affecting trips. The Iran war, which began in February, has caused fuel prices to skyrocket, hitting consumers hard and putting pressure on travel operators.
Major Airlines Affected
Even major airlines like Easyjet, which flies from Birmingham, are not immune. In May, Easyjet reported a first-half loss of £552 million ($741.39 million) and said its full-year outlook remains uncertain due to rising fuel costs and weaker summer bookings.
List of Collapsed Companies
Oxfordshire Travel Limited
Based in Yarnton, this company was put into voluntary liquidation by its directors, the Gill family, in autumn 2025. It specialised in passenger land transport, including business trips and private coach hire. Liquidator Stu Garner was appointed to wind down the company. Director Anil Gill, 42, signed off statements revealing large debts to creditors.
Set Sail Cruises Ltd
Registered in Bicester, this travel agency was dissolved on March 17, 2026, after a strike-off process. It was incorporated on February 4, 2024, and listed its main activity as travel agency activities.
The Padel Travel Club Limited
Operating from Henley, this company organised padel-themed breaks and training camps in the UK and overseas. Incorporated in February 2023, it was removed from the Companies House register after a voluntary strike-off, with dissolution finalised in late May 2026.
Regen Central Ltd
London-based Regen Central Ltd sold flight and hotel packages across Europe and Southeast Asia. Its ATOL licence was revoked on January 13, 2026, before entering liquidation, cancelling all customer bookings. The Civil Aviation Authority confirmed the company could no longer offer protected package holidays.
Simply Florida Travel Ltd
This company specialised in North American holiday packages to destinations including Disneyland, Disney World, Universal Studios, New York City, Toronto, Niagara Falls, Miami, and cruises. All flights and packages have reportedly been cancelled.
Gold Crest Holidays
Coach tour operator Gold Crest Holidays entered liquidation in early 2026, cancelling all UK and overseas coach holidays and making staff redundant.
PLAY Airlines
Icelandic budget carrier PLAY Airlines halted all operations in late September 2025. The UK Civil Aviation Authority confirmed no further PLAY flights would depart, and around 400 employees lost their jobs.
Asiara UK Ltd
Based in Ipswich, Asiara UK offered tailor-made and small-group tours to Thailand, China, India, Japan, and Singapore. It started as Haivenu Tours in Vietnam before launching its UK arm in 2022. The company applied to be struck off in October 2025, was removed from the register on January 6, 2026, dissolved on January 13, and stopped trading as an ATOL holder on January 21.
Jetline Travel Ltd
The Civil Aviation Authority listed Jetline Travel among firms that have either lost ATOL protection or ceased trading. ATOL is a UK consumer protection programme for package holidays and flights.
New Era Travel
New Era Travel in Alresford, Hampshire, has closed down, and its office is now for sale. A statement on the door says all coach day trips are cancelled. The company opened in 2022 and offered coach tours from Alresford, Fareham, and Wickham. The full message reads: "With deep regret, we must inform you that New Era Travel has ceased trading and is in the process of liquidation."
Other Closures
Great Little Escapes LLP has also closed or dissolved since 2025. Customers needing assistance with bookings should email customerservices@thetravelnetworkgroup.co.uk.
Consumer Advice
ATOL protects customers who arrange package holidays or flights with registered travel companies. Affected travellers should contact the Civil Aviation Authority or their travel provider for assistance.
