The Association of British Travel Agents reports that Luxuryclass Ltd trading as Discount Holidays/Time Travel (ABTA nos.J1369/W4430/74004) and its subsidiary company Bansi Tours Ltd trading as Viva Holidays (ABTA W5594), both of Campbell House, 215 West Campbell Street, Glasgow, have convened meetings of creditors in order to go into liquidation. ABTA�s membership of both companies was terminated on 5 January 2006.

Both companies were ATOL holders, although their licences were revoked in December. Any ATOL-related enquiries or claims should be referred to the CAA; claims relating to retail or non-licensable business, if any, will be handled by ABTA�s Claims Department, telephone 020 7307 2041 for assistance.

-Ends-

Notes for editors: �ABTA is the largest travel trade association in the UK and its Members are responsible for the sale of over 90% of overseas package holidays bought in the UK. Travel companies have to prove that they are financially stable and provide a bond before they are let into ABTA membership. ABTA can then use this bond if a Member fails financially to pay for consumers to either continue their holiday, to rescue them if they are stranded, or to refund them.

�ABTA has paid �31.4 million worth of claims over the last ten years to consumers. �ABTA Members are also required to follow a strict code of conduct to ensure the highest standards of customer service. �If a member of the public has a dispute they cannot resolve with an ABTA Member, ABTA provides a low cost, independent arbitration service administered by the Chartered Institute of Arbitrators. �Further information can be found on www.abta.com

For further information contact Sean Tipton or Frances Tuke, Tel: 020 7307 1900