The bankrupt travel group FTI Touristik has now canceled all booked trips. No solution has been found to take over the package holidays.
In order to finally give FTI customers the necessary planning certainty before the start of the summer holidays and to enable them to immediately rebook their trip with another provider, all remaining trips have now been canceled.
175,000 package holidays affected
This concerns 175,000 package holidays and certain individual services that customers booked before departure from July 6 through the bankrupt companies FTI Touristik GmbH and BigXtra Touristik GmbH and through the sales brand 5vorFlug.
With the cancellation of all package holidays, FTI’s travel agency partners were now able to offer their customers alternative trips. The company has started informing customers, travel agencies and hotels.
The provisional curator Axel Bierbach estimated the total volume of existing travel bookings at a high three-digit figure in millions.
Package travelers will get their money back
All package travelers’ deposits would be refunded by the travel insurance fund, and every package traveler would get their money back. However, customers who have only booked individual services such as flights, hotels and transfers through FTI are not entitled to a refund of payments already made by the DRSF.
Source: Krone
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