2020 Insolvency STA Travel UK entered administration and ceased trading on 21 August. In the UK the administration affects 52 shops and around 500 jobs.
When did Sta go into administration?
The STA Travel group was privately owned by a Swiss family which put the holding company into administration on August 20.
Does STA exist?
STA Travel has become the latest travel firm to fall victim to the Covid-19 pandemic. The company, which grew out of a student travel business and specialised in trips for young people, including gap years and volunteer projects, has ceased trading.
What company went bust today?
FLEETWAY Travel holiday firm has gone bust in a blow for 6,500 holidaymakers with booked trips. The tour operator plunged into administration just days after Brits could travel abroad again following 45 years in business.
Is STA Travel insurance still valid?
STA is ATOL protected and you should have received a certificate when you booked. However while ATOL protection may mean you get a refund for your flight and/or package holiday, it won’t cover you if you booked you flight or accommodation separately.
Can I get money back from STA?
If you’ve booked a package with a flight from STA Travel, you’ll be covered by the ATOL scheme. ATOL protection means that if you hadn’t started your trip at the point STA Travel stopped trading, you’ll get a full refund. You can make a claim on the CAA website.
Who is the owner of STA Travel?
In a statement, Casper Urhammer, the Switzerland-based CEO of both STA Travel and of its holding company, Diethelm Keller Travel Group (which is itself 85% owned by Swiss firm Diethelm Keller Holdings) announced that he would be resigning from leading the STA Travel group, and handing over operations to outside …
Who are the administrators for STA Travel?
On 24 August 2020, David Webb and Colin Owens were appointed Joint and Several Administrators (Administrators) of the Companies pursuant to section 239I of the Companies Act 1993.
Is STA covered by ABTA?
If you booked a non-flight package holiday (eg a cruise without flights) through STA Travel Limited, it is protected by ABTA or by your credit or debit card issuer. If you paid STA Travel Limited directly using a debit or credit card you will need to submit your claim for a refund to your card issuer.
What happens if travel company goes bust?
Package holidays with flights have ATOL protection to protect you if a travel firm goes bust. All UK firms selling holidays with air travel must be signed up to ATOL (look for the logo, see right). If the worst happens, under ATOL you’ll get a refund for your holiday or an alternative holiday/transport.
Which holiday company went bust last year?
The firm which bought Thomas Cook shops has said up to 878 employees out of 4,500 may lose their jobs because of new coronavirus travel restrictions. Hays Travel took on more than 2,000 former Thomas Cook employees when it went bust in October last year.
Can I get money back from Sta?
Why choose STA Travel?
STA Travel has grown from a student focused agency to one focused around volunteerism, gap years and every adventure a young person could think of. The retail operation has more than 50 shops across the UK with atleast 500 jobs now at risk.
Is STA Travel still in Business 2020?
On the 21st August 2020 Coronavirus claimed another travel victim, with the UK operation of STA Travel ceasing trading. The Swiss-owned business STA Travel AG announced at the weekend that it will cease trading across the world.
What happened to STA Travel AG?
The Swiss-owned business STA Travel AG announced at the weekend that it will cease trading across the world. The BBC reports that the firm’s parent company, Diethelm Keller Holding (DKH), said the pandemic had “brought the travel industry to a standstill”.
Are STA Travel’s holidays protected by the CAA?
The majority of holidays sold by STA Travel Limited were flight-inclusive packages and these were protected by the CAA’s ATOL scheme, as well as scheduled airline tickets under its IATA licence and as agent for the airline.
