Steven Sherry and David Baxendale of PwC were appointed as joint administrators of Fleetway Travel Limited and Fleetway Aviation Limited (“Fleetway” or the "Companies”) on 13 July 2020.
Fleetway has operated for 45 years and specialises in package holidays. It has operations in London and Sheffield, and employs around 62 staff.
The Companies have experienced cash flow pressures due to the impact of Covid-19. As a result of the worldwide travel bans, Fleetway has seen an almost complete cessation in new bookings and suffered cancellations across all destinations.
Funding options for the business have been pursued by management but could not be concluded. This has unfortunately resulted in the Companies being placed into administration.
Please refer back to this page for further information and updates as the administrations progress.
Steven Sherry and David Baxendale were appointed as Joint Administrators of Fleetway Travel Limited and Fleetway Aviation Limited to manage its affairs, business and property as its agents without personal liability. The Joint Administrators are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The Joint Administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics. The Joint Administrators may act as controllers of personal data as defined by UK data protection law depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators’ appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Administrators.