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MORE THAN 3,000 people have lodged claims for a refund following the collapse of Lowcostholidays.
The Commission for Aviation Regulation had received 3,040 claims as of this morning.
The Spanish tour operator collapsed on 15 July and customers have until 19 September to submit their claim.
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The operator was based in Spain, but the majority of its customers came from Britain. It had offices in the UK, Spain, Switzerland and Poland.
It had an Irish website and Facebook page and was a popular provider among Irish holidaymakers. It’s estimated that 15,000 Irish holidaymakers were left out of pocket.
The Commission says it is currently assessing the claims received so far and in some instances additional information and documentation has been sought.
Claim forms for refunds can be found on the Commission’s website www.aviationreg.ie
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£1 billion in 95. Today would be about £4 billion give or take a couple of hundred million ish.
But as someone earlier quoted its only numbers on a screen. Face it the likes of most of us here will never see anything like that type like type of cash.
Nick proved what David Icke said in 1990 – there’s no such thing as money anymore, only numbers on a screen. Those numbers only matter to those of us beneath the pile because, without them, we can’t live. For the powers that be they are just likes chips in a casino.
-He was a young guy who happened to be a financial wizard.
-there is no ethics or morality in banking.
- put a young financial wizard in charge of front and back office banking activities in a culture of no morality or ethics and with probability…this will happen regularly.
- he deserved his jail sentence but so does the whole banking system.
I lived in Singapore for a number of years and he’s still a legend of sorts there. Everyone has a “story” about him….how they once played football with him,how he once donated $1000 to some charity they were collecting for etc. There’s even a cocktail named in his honour at the bar he used to drink in (Harrys bar on Boat quay) called “The Bank Breaker”.
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