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Fears for package holiday firm XL Fears for package holiday firm XL
(11 minutes later)
Package holiday firm XL has filed for administration after experiencing financial difficulties, reports say.Package holiday firm XL has filed for administration after experiencing financial difficulties, reports say.
The firm is Britain's third biggest tour operator and flies to 50 destinations, mainly in the Mediterranean and the Caribbean.The firm is Britain's third biggest tour operator and flies to 50 destinations, mainly in the Mediterranean and the Caribbean.
XL is the latest travel firm to face financial difficulties as the industry struggles with sky-high fuel costs and an economic downturn.XL is the latest travel firm to face financial difficulties as the industry struggles with sky-high fuel costs and an economic downturn.
Low-cost transatlantic airline Zoom collapsed last month.
Low-cost transatlantic airline Zoom collapsed last month.
The carrier had already cancelled its schedule of flights to the Caribbean.
If the firm were to collapse, package holidaymakers would be protected under the Atol scheme, a financial protection package.

Are you affected by the issues in this story? Do you have a holiday booked with XL? Send us your comments and experiences using the form below.Are you affected by the issues in this story? Do you have a holiday booked with XL? Send us your comments and experiences using the form below.
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