BusinessCompany NewsEbookers wants MyTravel businesses

Ebookers wants MyTravel businesses

Trouble tour operator MyTravel could be set to sell off some of its non-core businesses to rival Ebookers in order to recoup some of the money lost as a result of a hole in the company's accounts.

Link: MyTravel accounts scrutinised by PwC

Ebookers chief executive Dinesh Dhamija has admitted that the company is interested in acquiring some of the assets of the tour operator, formerly known as the Airtours group.

Although Dhamija declined to say which parts of the business this would include, businesses that have not been re-named under the MyTravel brand, such as Cresta Holidays, Bridge and Panorama Holidays look the most likely candidates.

MyTravel has not commented on this possible bid but had previously said that it had received interest from companies in certain non-core operations.

The company has also declined to comment on speculation that Ernst & Young has been brought in to advise on a review of its accounts. The company is already working with Deloitte & Touche and PricewaterhouseCoopers to help sort out its finances.

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