Mr Harris, Airtours retail managing director, blamed duplication between `Going Places` and `Travelworld` brands in the same cities as well his `intention to close down unprofitable shops`.
During the same shake up, there a retail board reshuffle, including the replacement of sales, marketing and retail operation directors.
On announcement of the news on Friday, Airtours price fell by 2.36%.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
