Topic: Philip Wyatt

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Kill Bill
Episode 47 6:48 - 9:20

47: Kill Bill

XL Travel Bankruptcy, Stranded British Tourists

The collapse of XL Travel has left 89,000 British tourists stranded at various vacation destinations. The company filed for bankruptcy after Barclays converted a line of credit into a loan and suppliers demanded immediate cash payments for fuel and landing fees. Chairman Philip Wyatt made a public emotional appeal as 200,000 advanced bookings were rendered worthless.