THE MyTravel board is still in talks on the future of
Jetset Flights, including a possible management buyout.
Jetset Flights commercial director John Bond said he
was waiting with baited breath for a decision on the buyout proposal, with
sources close to the company saying his deal is the most likely option.
This would put the company in the hands of Bond and
current Jetset Flights managing director David Partington.
Another option for MyTravel could be to close Jetset following
a sales downturn, an increase in on-line bookings and technology changes (Travel
Weekly July 28).
Jetset passenger volumes have dropped from 350,000 to
around 200,000 in three years.
When booking system TravelCat goes live in Going
Places stores in November, agents won’t be able to book Jetset Flights because
technology is incompatible.
Bond, who originally set up Jetset Flights, claims a
deal with a web technology supplier to solve the problem is close and hopes to
work with airlines to stop the passenger decline.
Staff at Enfield-based Jetset have been through a
consultation on the future of their jobs but more than 20 have since left.