LONDON (AP) — Tens of thousands of people were scrambling to make last-minute holiday plans yesterday after the collapse of British budget travel company Kiss Flights.

Kiss Flights — which sold flights to Greece, Egypt, Turkey and the Canary Islands — is the third British travel company to fold in the past month and the 13th this year.

The industry has been hit by lower passenger demand in the wake of the global economic downturn and the Icelandic volcanic ash cloud earlier this year that caused chaos in European skies.

Kiss Flights is only operating into early this evening after announcing its collapse on Tuesday, leaving 60,000 people to find new bookings. The Civil Aviation Authority has pledged to bring home the 13,000 people already abroad.