Canary_Yellow
Journeyman Pro
No update, the WhatsApp group continues to grow with other parties affected too.
To date I don't believe any customers have been offered a refund in line with the PTR 2018.
They are hoping I imagine that the law changes things retrospectively so they get longer to offer the refund.
YGT are in a very bad position as I've heard that they bought 1000 £5000 trips to the Masters on behalf of customers ( £5m ) and they bought the tickets in such a way that now the masters has been postponed not cancelled they cannot get their money back to pass back to customers who can no longer go on the rescheduled flights.
Also they have a business model that means any money you pay them now for you forthcoming trip is used to pay the hotels etc of trips that happened 6 weeks ago (on their credit with suppliers) so when you ask for your money back because you've not had your trip and where is your money - they've spent it long ago!
Our options once the statutory 14 days are up by which they should offer us a full refund are to take them to the smalls claim court and start a government petition to have this issue looked at.
ABTA who are meant to be working FOR the travellers are seemingly putting their paymasters (the tour operators) first!
If I have any further updates I'll post back here but for now we're getting nowhere really!
We want our money and they have spent it and have none left!
I'm not sure how much longer YGT can survive without government intervention, they are not the only tour operator in this mess, check out Twitter #ABTAtravel and you'll see many unhappy customers, some out of pocket by thousands.
If you took a credit note, presumably the credit note is not backed by ABTA?
So of all options, is that the very worst of them? If you couldn't get the cash, but rebooked another trip, that trip presumably would be covered by ABTA and therefore you wouldn't be out of pocket if they folded?