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    Leisure Cargo files for insolvency following loss of major customer

    2019-06-12T09:23:16Z

    Germany-based GSA Leisure Cargo has filed for bankruptcy following the loss of a major contract.The company at one time counted 14 leisure airlines amongst its customer base, but last year lost a major contract with TUI to the ESC Group.Tillmann Peeters of restructuring firm Falkensteg Restrukturierung said that the company ...