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Inflot cruise tour operator enters bankruptcy proceedings

... introduced by a court ruling on October 20, 2021 and are planned to be carried out until April 18. The initiator of Inflot's bankruptcy (INN 7730092487) was the GUSIB company, which filed an application on July 9, 2021. After the court had accepted the ... ... various cruise programs (Norwegian Cruise Line, SilverSea Cruses, etc.). However, against the backdrop of the pandemic, the tour operator actually ceased its activities. Last April, the company was removed from the register of travel companies as it ...

TOUR OPERATORS LEAVE THE MARKET DUE TO WARRANTY ISSUES

Difficulties in obtaining financial guarantees for Russian travel operators inevitably lead the firms to liquidation and bankruptcy. It became known from the order of the Federal Tourism Agency that the entries in the register were canceled for 21 ... ... companies. Considering that it is December now, and the Christmas holidays are about to begin, such a significant number of tour operators leaving the market makes one think about the fate of the travel business in Russia. Moreover, the negative trend ...

Tour operators have announced the risk of a new wave of bankruptcies in the industry

... companies from the market, as a result of which tourists, who will not receive any money, will also suffer. The text of the appeal addressed to Mikhail Mishustin says that at the moment, the most of the tourist destinations are closed, which did not allow tour operators to fulfill their obligations to their clients. According to the authors of the letter, more than half of the companies included in the Unified Federal Register are under the threat of bankruptcy.

Bankrupt tour operator 'Mouzenidis Travel' may rip off Russians for € 18 million

Federal Tourism Agency is trying to find an acceptable option for the Greek tour operator Mouzenidis Travel. The company has ceased operations and has not renewed the insurance contract yet. This must be done before November 14 and the notification should be sent to the Russian department. Most experts doubt that the insurance ...

UK TOUR OPERATORS FACE WAVE OF BANKRUPTCIES

... some of them applied to court with a claim for compensation, and officials from the CMA (Competition and Markets Authority, the state agency for control over competition) began to conduct their investigation. The situation is even worse with another tour operator, Alpha Holidays. The firm announced the actual liquidation. The previous website alpharooms.com has posted a message that the booking obligations will not be fulfilled. Customers who have previously booked trips are encouraged to contact ...

SUNWAY TRAVEL COMPANY STARTS BANKRUPTCY PROCEEDINGS

... company had less than 1 million rubles. What is more, the company has no other property. The report of the interim manager will be considered by the court on October 28. Whether 800 families from Ural will receive some compensation in the process of bankruptcy is a big question, given the lack of financial guarantees (the company has not been listed in the federal register of tour operators). A number of experts believe that the case of Sunway will be far from the only one in the tourist services market. Many suggest that 2021 will bring this sector of the market a wave of bankruptcies, which did not happen last year due ...

Clients of bankrupt travel agencies will have a chance to get 40 thousand rubles

... bankruptcy of one of the market participants, its clients will be guaranteed to be able to receive the minimum compensation from the fund (about 40 thousand). It is possible that the representatives of the federal agency have data on the possible volumes of bankruptcy of tour operators in the coming years. None of the experts can say for sure, whether this measure will help if it is adopted at the legislative level.

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