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Airline failures predicted for winter

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The Daily Telegraph reports:

A leading travel insurer has warned that British holidaymakers could be stranded abroad this winter as a number of airlines face bankruptcy.

International Passenger Protection (IPP) says that at least 32 airlines have collapsed this year, but claims this number could rise over the holiday period due to a combination of rising fuel prices, increased Air Passenger Duty (APD) and the wider global recession.

G2 Solutions @ November 5, 2009

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