Another company linked to failed credit card processing firm E-Clear has ceased trading.

Canadian operator Go Travel South, formerly called Go Travel Direct, ceased operations yesterday. Reports in the Canadian press suggested it would be bringing home customers in resort, but around 2,000 customers yet to fly would be out of pocket.

The company was founded by Scottish expat Hugh Boyle, who was believed to be chasing E-Clear for clearance of payments for Go Travel Direct before the credit firm was forced into administration at the start of the year. Boyle also ran Zoom Airlines, which failed in 2008.

Go Travel South specialised in travel from Canada to Mexico and the Dominican Republic.

A statement on the firm’s website said: “We are saddened to inform you that effective immediately, Go Travel South is ceasing all of its operations due to economic circumstances. Please do not show up to the airport for you flights as they will not be departing.”

Go Travel South is the latest company to fail with links to E-Clear. The card processing firm was itself forced into administration last month following the collapse of Scottish operator Globespan.