Specialist business travel agency Horncastle Executive Travel has ceased trading.

Abta confirmed the Newcastle-based business, which was founded in 1969, sold mainly business travel, advising customers to contact airlines for details of their bookings.

The association said the agency also sold some flight-inclusive package holidays, which would be covered by the Civil Aviation Authority’s Atol scheme.

It advised customers with holidays booked via Horncastle to contact their tour operator for more information.

Abta said: “We are sorry to inform you that Horncastle Executive Travel Ltd has ceased trading with effect from November 11, 2020.”

It added: “The majority of travel arranged booked by Horncastle Executive Travel Ltd were for business travel. The company also sold some Atol flight inclusive packages, scheduled airline tickets under its IATA licence and retail bookings.”

Abta warned that due to the “large number of company failures recently” it had “received an exceptionally high number of customer claims” and warned consumers of lengthy waits to process claims.