DWS Aviation

Close on the heels of the United Kingdom-based travel operator XL Leisure Group closing shop, another British holiday firm, K&S Holidays, has collapsed, putting the air travel industry in further trouble.

The number of flights in and out of the United Kingdom has witnessed a drop for the first time since the recession that followed the September 11 terror attacks, as a result of the exorbitant costs of fuel which have forced airlines to reduce services.