North London travel agency Lee’s Travel has ceased trading, the Civil Aviation Authority has confirmed.

It comes a week after the parent of Forever Cruises missed a payment to Iata’s billing and settlement plan (BSP) last week.

Lee’s Travel, a member of the Abta travel association and founded 47 years ago, also trades as Forever Cruises, Oz Flights, Fly Club and

The agency, a Far East specialist, was licensed to carry almost 5,000 Atol-protected passengers in the 12 months to next March.

Lee’s Travel was founded in London in the 1970s by Hwee Yiow Lee and was based at its China House office at Wing Yip Business Centre near Staples Corner, north west London.

According to its website, the day-to-day running of the business was carried out by Simon and Jasmine Lee, son and daughter of the founder.

The CAA updated its website on Thursday afternoon to say: “Lee’s Travel Ltd – Atol 4210 has ceased trading.” More details are expected to follow.

An spokesman for Abta said: “Abta member Lee’s Travel Ltd has ceased trading on October 25 due to insolvency. The company was located in Edgware, London Abta numbers P7042/Y6382.  The company also held an Air Travel Organiser licence (Atol, 4,210) and an International Air Transport Association (IATA) licence.

“The majority of Lee’s Travel business was the sale of scheduled airline tickets under its IATA licence. If customers are in possession of their ticket the airline should honour the ticket and allow the customer travel as normal.

“If customer has paid in full but not been issued with their ticket they should contact their airline who should issue a ticket directly to the customer, part payments should also be honoured by the airline.

“The company also sold package holidays involving flights. These are protected under the Atol licence and customers should go to Atol to start the refund process.

“The company also sold cruise only packages.  Customers with this kind of booking should be able to continue with their booking and should contact the cruise operator directly.”

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