UK’s third-largest tour operator collapses

LONDON, England (AP) — Thousands of British travelers were stranded Friday when the country’s third-largest tour operator collapsed under pressure from high fuel prices and a sagging economy.

XL Leisure Group went into administration overnight, saying it had been unable to secure more funding.

“All flights operated by the companies have been immediately canceled and the aircraft grounded,” said a statement on the company’s Web site.