Section: Transport
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Hundreds of British holidaymakers are arriving home From Spain on other Rival airlines
After a Spanish carrier suspended all flights after running into financial difficulties.
The low-cost service, based in Las Palmas, flies to destinations including Majorca, Tenerife, Barcelona, Malaga and Alicante from UK airports.
Holiday company Cosmos said around 350 of its passengers due to travel to Tenerife with LTE would instead fly out with UK holiday airline Monarch.
Cosmos added that about 350 Britons due to return from Tenerife to the UK with LTE would now fly back to Manchester airport with Monarch.
LTE's demise follows a number of airline collapses in recent weeks. Last month, UK company XL Airways ceased flights and in the weeks before that another British carrier, Zoom, stopped operations.
Luxury transatlantic carriers MAXjet, Eos and Silverjet have all stopped operations in recent months and aviation experts have warned that many more carriers could bite the financial dust over the coming weeks.
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