FTI cancels all journeys: One other 175,000 prospects affected – 2024-06-15 12:51:16

by times news cr

2024-06-15 12:51:16

The insolvency of Europe’s third-largest tour operator now impacts one other 175,000 prospects. The excellent news: They will now search for alternate options and get their a reimbursement.

The journey group FTI Touristik has now canceled all booked journeys. Following a call by the collectors’ committee on Friday, the provisional insolvency administrator Axel Bierbach introduced that each one journeys deliberate from July 6 onwards would even be canceled.

The German Journey Insurance coverage Fund (DRSF) would have been keen to settle the settlement of present reimbursement claims with different tour operators. Nevertheless, no resolution to take over the bundle excursions may very well be present in such a short while. So as to lastly give FTI prospects the required planning safety earlier than the beginning of the summer time holidays and to allow them to right away rebook their journey with one other supplier, all remaining journeys have now been cancelled.

This impacts 175,000 bundle excursions and sure particular person providers that prospects booked for departures from July 6 by way of the bancrupt corporations FTI Touristik GmbH and BigXtra Touristik GmbH in addition to by way of the gross sales model 5vorFlug. With the cancellation of all bundle excursions, FTI’s journey company companions can now additionally provide their prospects different journeys. The corporate has begun to tell prospects, journey companies and accommodations.

Bierbach estimated the overall quantity of present journey bookings to be within the excessive three-digit million vary. All advance funds from bundle holidaymakers could be refunded by the journey assure fund, and each bundle holidaymaker would get their a reimbursement. Prospects who’ve solely booked particular person providers reminiscent of flights, accommodations and transfers by way of FTI, nevertheless, aren’t entitled to a refund of funds already made by the DRSF.

The provisional insolvency administrator was in a position to safe the way forward for the roughly 230 TVG journey companies: Raiffeisen Vertriebs GmbH is taking up FTI’s 50 % share within the Touristik Vertriebsgesellschaft TVG and is thus the only real proprietor, as Bierbach introduced.

You may also like

Leave a Comment