Following a call by the collectors’ committee on Friday, the provisional insolvency administrator Axel Bierbach introduced that every one journeys deliberate from July 6 onwards would even be cancelled. The German Journey Insurance coverage Fund (DRSF) would have been prepared to settle the settlement of current reimbursement claims with different tour operators. Nonetheless, no resolution to take over the bundle excursions had been discovered.
In an effort to lastly give FTI prospects the mandatory 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 companies that prospects booked for departures from July sixth by the bancrupt corporations FTI Touristik GmbH and BigXtra Touristik GmbH in addition to by the gross sales model 5vorFlug. With the cancellation of all bundle excursions, FTI’s journey company companions can now additionally supply their prospects various journeys. The corporate has begun to tell prospects, journey businesses and lodges.
Deposits will likely be refunded
Bierbach estimated the overall quantity of current journey bookings to be within the excessive three-digit million vary. All advance funds from bundle holidaymakers might be refunded by the journey assure fund, and each bundle holidaymaker would get their a refund. Prospects who’ve solely booked particular person companies comparable to flights, lodges and transfers by FTI, nevertheless, will not be entitled to a refund of funds already made by the DRSF.
The provisional insolvency administrator was capable of safe the way forward for the roughly 230 TVG journey businesses: Raiffeisen Vertriebs GmbH is taking up FTI’s 50 p.c share within the Touristik Vertriebsgesellschaft TVG and is thus the only real proprietor, as Bierbach introduced.
