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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 the
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.