- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
The International Air Transport Association (IATA), has withdrawn the license to sell flight tickets from the Spanish travel agency Viajes Marsans and has requested a bank guarantee of 20 million euros from the company.
The company's owners, Gerardo Díaz Ferrán and Gonzalo Pascual, described the action as "riding roughshod" over their company, going on to say how Viajes Marsans has always paid punctually since IATA came into existence.
IATA originally threatened to withdraw the licence Wednesday morning if it did not get the required bank guarantee, but in the end it carried out its threat on Tuesday.
The travel agencies affected by IATA's decision are: Viajes Marsans, Rural Tours Viajes, Viajes Atenea, Tiempo Libre, Viajes Crisol and Viajes Marsans Lusitana (Portugal).
The company's lawyers are already preparing action to appeal against IATA if they do not reverse their decision during Wednesday, claiming damages to the image of the company that has been running successfully for more than a hundred years.
The company described IATA's decision as "absurd" and promised to find a ways to continue serving its customers via other agencies if necessary.