XL.com Kosmar Freedom Flights Aspire MedlifeHotels

XL Leisure Group plc and Medlife Hotels Limited – In Administration

Freedom Flights Limited, The Really Great Holiday Company plc, Excel Aviation Limited, XL Airways UK Limited and Kosmar Villa Holidays plc – All in Liquidation (formerly in Administration)

Explorer House Limited, Travel City Flights Limited, Freedom Flights (Aviation) Limited and Aspire Holidays Limited – All formerly in Administration (together the Companies)

On 12 September 2008, Alastair Beveridge, Nick Cropper, Simon Appell and Stuart Mackellar were appointed as Joint Administrators of the Companies by the Court.

The Companies entered into Administration having suffered as a result of volatile fuel prices and the economic downturn, and were unable to obtain further funding. Unfortunately the Joint Administrators were unable to continue trading the businesses and therefore all flights operated by the Companies were immediately cancelled and the aircraft grounded.

With effect from 1 January 2009, Alastair Beveridge, Nick Cropper, Simon Appell and Stuart Mackellar are licensed by the Insolvency Practitioners Association (IPA).

Please note that following the completion of a Management Buy-Out (MBO) by the partner group of Kroll's UK Corporate Advisory and Business Recovery practice from Kroll Inc, we will be operating under the Zolfo Cooper brand name going forward. Zolfo Cooper Europe will continue to be headquartered at 10 Fleet Place, London EC4M 7RB with our existing network of UK offices remaining in their current locations.

Please note

The Administrations of XL Leisure Group plc and Medlife Hotels Limited have been extended until 11 March 2010 and 11 September 2010 respectively.

The Administrations of Freedom Flights Limited, The Really Great Holiday Company plc, Excel Aviation Limited, XL Airways UK Limited and Kosmar Villa Holidays plc ceased and the entities moved into Creditors’ Voluntary Liquidation (CVL) following the filing of notices by the Joint Administrators with the Registrar of Companies. Nick Cropper, Alastair Beveridge, Simon Appell and Stuart Mackellar were appointed as Joint Liquidators.

The Joint Administrators have ceased to act in respect of Explorer House Limited, Travel City Flights Limited, Freedom Flights (Aviation) Limited and Aspire Holidays Limited and these companies will be shortly dissolved.

Update – 8 March 2010

The Joint Administrators’ final progress report for XL Leisure Group plc is now available to view and download by following the relevant company specific link below.

Update – 4 November 2009

Following the creditors’ meetings held for XL Airways UK Limited and Excel Aviation Limited on 10 November 2009 the Joint Liquidators can confirm that creditors’ approval was obtained for all of the resolutions. The relevant minutes of the creditors’ meetings are now available to view and download by following the Company specific link below.

Update – 9 October 2009

The Joint Liquidators hereby give notice that general meetings of creditors of XL Airways UK Limited and Excel Aviation Limited will be held at Zolfo Cooper, 10 Fleet Place, London, EC4M 7RB on 10 November 2009 at 10.00am and 11.00am respectively.

Copies of the documentation posted to all known creditors in relation to these meetings are available to view and download by following the relevant Company specific link below.

Update – 6 October 2009

The Joint Administrators’ six month progress reports for XL Leisure Group plc and Medlife Hotels Limited covering the period 12 March 2009 to 11 September 2009 are now available to view and download by following the relevant Company specific link below.

Update – 14 September 2009

The Joint Administrators’ final progress reports for Freedom Flights Limited, Kosmar Villa Holidays plc, The Really Great Holiday Company plc, XL Airways UK Limited, Excel Aviation Limited, Aspire Holidays Limited and Explorer House Limited respectively are now available to view and download by following the relevant Company specific link below.

The Joint Administrators’ progress reports for XL Leisure Group plc and Medlife Hotels Limited covering the period 12 March 2009 to 11 September 2009 will shortly be available for download.

Please note that it is a statutory requirement for the Joint Administrators to prepare and make available for all actual and potential creditors of the Companies, a Progress Report. However, for those passengers who have submitted claims for refunds to the CAA under the ATOL scheme, to their credit card company or through an insurance company THIS IS FOR INFORMATION ONLY and DOES NOT affect your claim with them in any way.

Update – 12 August 2009

The Joint Administrators’ final progress reports for Travel City Flights Limited and Freedom Flights (Aviation) Limited respectively are now available to view and download by following the relevant Company specific link below.

Please note that it is a statutory requirement for the Joint Administrators to prepare and make available for all actual and potential creditors of the Companies, a Progress Report. However, for those passengers who have submitted claims for refunds to the CAA under the ATOL scheme, to their credit card company or through an insurance company THIS IS FOR INFORMATION ONLY and DOES NOT affect your claim with them in any way.

Update – 3 April 2009

In order to minimise costs (printing and postage) to the creditors, the Joint Administrators applied to Court on 3 April 2009, to release them from their statutory obligations of sending to all known creditors (of which there is approximately 144,000) the following documents:

Registrar Derrett of The High Court of Justice, Chancery Division, Companies Court granted the Joint Administrators’ application and ordered that the Joint Administrators publish the relevant creditor information, instead of mailing hard copies to creditors. Accordingly, for the purposes of future creditor communication, the Joint Administrators will publish all documents on the www.xladministration.com website and will provide a helpline for creditors to request information free of charge.

The helpline number is 0800 068 8991.

The Joint Administrators’ six month progress reports covering the period to 11 March 2009, are now available to view and download by following the relevant Company specific link below.

Please note that it is a statutory requirement for the Joint Administrators to prepare and make available for all actual and potential creditors of the Companies, a Progress Report. However, for those passengers who have submitted claims for refunds to the CAA under the ATOL scheme, to their credit card company or through an insurance company THIS IS FOR INFORMATION ONLY and DOES NOT affect your claim with them in any way.

Update – 1st December 2008

The Report and Statement of proposals are now available to view and download by following the relevant Company specific link below.

Please note that it is a statutory requirement for the Joint Administrators to prepare and make available for all actual and potential creditors of the Companies, a Report and Statement of Proposals. However, for those passengers who have submitted claims for refunds to the CAA under the ATOL scheme, these reports are for information only and do not affect the ATOL claims in any way.

Nor do these reports affect credit card or Visa debit card claims which passengers may have already submitted directly with their card issuers under the Consumer Credit Act 1974.

The Really Great Holiday Company plc – In Liquidation

(formerly in Administration)

ATOL 3827

The Really Great Holiday Company plc also traded as:

If you are a passenger who had booked a holiday through one of the above which was paid for, but not received due to the Company's insolvency, you will be a potential unsecured creditor of The Really Great Holiday Company plc – In Liquidation, unless you have submitted a claim under the ATOL scheme or to your credit card or Visa debit card issuer and this is paid in full.

If you supplied goods / services to one of the above which were not paid for due to the Company's insolvency, then you will rank as an unsecured creditor of The Really Great Holiday Company plc – In Liquidation.

Freedom Flights Limited – In Liquidation (formerly in Administration)

ATOL 5296

Freedom Flights Limited also traded as:

If you are a passenger who had booked a package holiday with Freedom Flights which was paid for, but not received due to the Company's insolvency, you will be ATOL protected.

Passengers who booked either through XL.com or XL call centres are not ATOL protected. Consequently you will be ineligible for a refund from ATOL in respect of your flight. Unfortunately the Joint Liquidators cannot provide you with a refund, so you may rank as an unsecured creditor of Freedom Flights Limited - in Liquidation, unless you have submitted a claim with your credit card or Visa debit card issuer and this is paid in full.

If you supplied goods / services to one of the above which were not paid for due to the Company's insolvency, then you will rank as an unsecured creditor of Freedom Flights Limited – In Liquidation.

Kosmar Villa Holidays plc – In Liquidation (formerly in Administration)

ATOL 1760

Kosmar Villa Holidays plc traded as Kosmar Holidays.

If you are a passenger who had booked a holiday through Kosmar Holidays which was paid for, but not received due to the Company's insolvency, you will be a potential unsecured creditor of Kosmar Villa Holidays plc – In Liquidation, unless you have submitted a claim under the ATOL scheme or to your credit card or Visa debit card issuer and this is paid in full.

If you supplied goods / services to Kosmar Holidays which were not paid for due to the Company's insolvency, then you will rank as an unsecured creditor of Kosmar Villa Holidays plc – In Liquidation.

Aspire Holidays Limited – Formerly in Administration

ATOL 6536

Aspire Holidays Limited traded as Aspire Holidays.

If you are a passenger who had booked a holiday through Aspire Holidays which was paid for, but not received due to the Company's insolvency, you will be a potential unsecured creditor of Aspire Holidays Limited - Formerly in Administration, unless you have submitted a claim under the ATOL scheme or to your credit card or Visa debit card issuer and this is paid in full.

If you supplied goods / services to Aspire Holidays which were not paid for due to the Company's insolvency, then you will rank as an unsecured creditor of Aspire Holidays Limited – Formerly in Administration.

Medlife Hotels Limited - In Administration

Medlife Hotels Limited traded as Medlife Hotels.

If you are a customer who had booked a hotel through Medlife Hotels which was paid for, but not received due to the Company's insolvency, you will be a potential unsecured creditor of Medlife Hotels Limited - In Administration, unless you have submitted a claim to your credit card or Visa debit card issuer and this is paid in full.

If you supplied goods / services to Medlife Hotels which were not paid for due to the Company's insolvency, then you will rank as an unsecured creditor of Medlife Hotels Limited - In Administration.

XL Leisure Group plc – Formerly in Administration

XL Airways UK Limited and Excel Aviation Limited - In Liquidation

(formerly in Administration)

Travel City Flights Limited, Freedom Flights (Aviation) Limited and

Explorer House Limited – All formerly in Administration

If you provided goods and services to XL Leisure Group plc, XL Airways UK Limited, Excel Aviation Limited, Travel City Flights Limited, Freedom Flights (Aviation) Limited or Explorer House Limited, which were not paid for due to the Companies' insolvency, you will rank as an unsecured creditor of the relevant Company.

Update - 11th November 2008

On 27 October 2008, the Joint Administrators of XL Leisure Group Plc, XL Airways UK Limited, Excel Aviation Limited, Explorer House Limited, Aspire Holidays Limited, Freedom Flights Limited, Freedom Flights (Aviation) Limited, The Really Great Holiday Company Plc, Medlife Hotels Limited, Travel City Flights Limited, Kosmar Villa Holidays Plc (all in Administration) made an application to the High Court.

This application was sought, pursuant to paragraph 107 of Schedule B1 of the Insolvency Act 1986, to extend the period for sending out the statements of proposals setting out the proposals for achieving the purpose of the administration (the "Statements of Proposals") and to extend the period for distributing the Statements of Proposals and the time by which the initial creditors' meeting, if one is required, be held.

As a result of the application, the following orders were made:

Prior to these dates, the Joint Administrators will distribute the Statements of Proposals by:

Letter to All Creditors

France and Germany

The French and German divisions of the XL Group continue to trade as usual.

Customers booked with XL Leisure Group ATOL tour operators

The following tour operators held Air Travel Organiser's Licenses (ATOL) and customers that purchased air holidays and flights from them will be ATOL protected. Full details are on the Civil Aviation Authority's (CAA) ATOL website (www.atol.org.uk):

Customers currently abroad

You should be able to stay in your hotel or villa and complete your holiday. In most cases, your accommodation provider will be paid direct by the CAA so you will not incur any additional expenses. If you need to make any payments for items like hotels or transfers, you should obtain a receipt as far as possible. The CAA will be able to consider claims for refunds for these amounts.

A flight will be arranged to bring you home by the CAA. You can check with your holiday representative for information about any changes to your flight arrangements, or check on the ATOL website (www.atol.org.uk). For those customers in particular distress please contact the CAA's help line on telephone number +44 (0) 2891 856 547.

Customers with advanced bookings but yet to travel

All passengers who have booked through a travel agent should contact that agent in the first instance who will be able to assist you in making a claim on ATOL. If you booked directly with an XL Group company than please contact ATOL directly.

ATOL may be able to provide an alternative arrangement. Further information is available on the ATOL website (www.atol.org.uk).

Customers booked with XL Airways Through XL.com

or XL Call Centres

Unfortunately, customers who booked either through xl.com or xl call centres are not ATOL protected. Consequently, you will be ineligible for a refund from ATOL in respect of your flight.

Customers currently abroad

The CAA will be able to make arrangements for your return journey. As you fall into an unprotected category of customers you will be invoiced a fee on your return to the UK. Please check on the ATOL website (www.atol.org.uk) for details or go to the local airport ticketing desk where they will be able to make arrangements and inform passengers of the likely costs.

Alternatively, you may be able to find a flight better suited to your needs by making your own, independent arrangements to return home. The CAA is not in a position to cover the costs of your own arrangements. For all new bookings please ensure you retain your receipts.

If you are owed money as a result of incurring costs to return to the UK please send details of the amount owed to you by the Companies to Zolfo Cooper, Toronto Square, Toronto Street, Leeds, LS1 2HJ.

Customers should check their travel insurance policy since it may provide cover for airline or accommodation failure. The type of protection provided may also vary depending on the type of policy taken out. A policy may cover the complete or partial cost of the original tickets or accommodation purchased.

If you paid by credit card, you may be protected by Section 75 of the Consumer Credit Act 1974. If you paid by Visa debit card you may also have some protection. You should check with your card issuer for further advice.

In the event that you wish to organise your own return travel, detailed below are a list of potential alternative carriers:

Further information can be obtained from the Administrator's help line as follows:

Customers with advanced booking but yet to travel

All flights have been cancelled and will not be rescheduled.

Customers of Medlife Hotels

Unfortunately, customers who booked through Medlife Hotels are not ATOL protected.

Customers currently abroad

You may be able to stay in your accommodation and complete your holiday. Please contact your relevant travel agent.

Customers with advance bookings but yet to travel

All holidays through Medlife Hotels have been cancelled and the Joint Administrators are not in a position to refund you in respect of these cancelled holidays.

If you are owed money as a result of a cancelled holiday please send details of the amount owed to you by the Companies to Zolfo Cooper, Toronto Square, Toronto Street, Leeds, LS1 2HJ.

Customers should check their travel insurance policy since it may provide cover for accommodation failure. The type of protection provided may also vary depending on the type of policy taken out. A policy may cover the complete or partial cost of the original tickets or accommodation purchased.

If you paid by credit card, you may be protected by Section 75 of the Consumer Credit Act 1974. If you paid by Visa debit card you may also have some protection. You should check with your card issuer for further advice.

Press Related Enquiries

All press related queries concerning the Companies Administration should be redirected to the Zolfo Cooper Press Office on 0207 973 5995.

All press enquiries concerning ATOL protection should be directed to the CAA Press Office on 0207 453 6030.

Notices of Appointment

The affairs, business and property of the XL Leisure Group plc and Medlife Hotels Limited are being managed by the Joint Administrators A P Beveridge (IPA), M N Cropper (IPA), S J Appell (IPA) and S C E Mackellar (IPA). The Joint Administrators act as agents of the XL Leisure Group plc and Medlife Hotels Limited and without personal liability.

With effect from 1 January 2009 Alastair Beveridge, Simon Appell, Nick Cropper and Stuart Mackellar are all licensed by the Insolvency Practitioners Associate (IPA).