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Stranded as airline goes bust
An airline which tried to bridge the gap between budget carriers and scheduled operators has gone into administration after only seven months in business.
Agents of auditors Deloitte said Birmingham-based duo corer had ceased to trade with no further flights scheduled.
A statement posted on the firm's web site warned that it was "unable to repatriate" customers stranded abroad, advising them to make alternative arrangements for returning to the UK.
The administrators said customers who had already booked flights are unlikely to be protected by ATOL, which offers passengers financial protection from failed operators.
Passengers who had already paid for flights by cash or cheque would have an "unsecured" claim for a refund against the firm.
The statement added: "However, if they have paid by credit card, the amount was more than £100 and that credit card is issued under an agreement between a credit card company and an individual, sole trader or partnership, then the credit card issuer may be responsible under the Consumer Credit Act for giving a refund."
Duo emerged from a management buyout of the British Airways franchise Mares Air and launched from Birmingham International in October last year.
Employing 300 people, duo aimed to combine budget prices with club class service, primarily for business travellers and flew to 12 European destinations, including Berlin, Copenhagen, Helsinki, Oslo and Vienna.
Only last month, the firm announced plans to add Shannon, in the Republic of Ireland, and Pisa, Italy to its routes.
