Failed airline 'badly let down'

Dec 18 2009

Failed airline Flyglobespan would have had a better chance of survival if it had been paid the tens of millions of pounds it was due, Scottish Finance Secretary John Swinney has said.

Mr Swinney claimed the company had been "badly let down" as it had not received £34 million from a credit card handling company.

Administrator Bruce Cartwright revealed the collapsed travel firm had been due about £30 million from a third-party booking agent.