A Gloucestershire based coach travel company, Phoenix Travel, went into administration late last week with the immediate loss of 20 jobs. The coach holiday provider specialised in the provision of coach transportation for ski holidays, coach tours and also river cruises.

The organisation was rescued by two of its former managers back in 2008 when the coach holiday company, known then as Travelscope, was on the brink of collapse. Darren Parris and Anu Desai formed Phoenix Travel when they rescued failing Travelscope, however just four years after the company was saved from the brink of disaster, it appears the troubled firm has finally come to the end of road with the administrators being called in to wind down the company’s affairs once and for all.

At the time of Travelscope’s collapse in 2008, the company blamed a cancelled cruise for pushing the business into financial difficulty. 250 people lost their jobs as a result in 2008, and 12,000 holidays had to be cancelled.

While the picture is not expected to be as severe this time around as it was in 2008, 20 people were told they’d lost their jobs with immediate effect on Friday and would receive no pay. The administrators are currently working at the business, however there’s no news as yet on how customers who’ve booked coach holidays with the company will be affected.

Any Phoenix Travel customers who are currently aboard on one of the trips organised by the travel provider will receive a return transfer home, the Civil Aviation Association has confirmed.