News

MYTRAVEL is holding regular talks with the Civil Aviation Authority but says there is "no reason" to doubt its survival despite further speculation on its fate.

The travel giant's finances are under the spotlight again following news the CAA has held discussions with secretary of state for transport Alistair Darling on MyTravel's affairs.

A MyTravel spokeswoman said: "There is no reason why we should not survive the summer. It is a difficult trading environment but we are holding our own.

"Yes we are talking to the CAA and maintaining regular dialogue to keep them informed on our situation. We are fully bonded and licence remains in tact."