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Inflot cruise tour operator enters bankruptcy proceedings

... Cruises company in Russia, Inflot Cruises and Travels, was taken under supervision by the capital's arbitration tribunal. The bankruptcy proceedings were introduced by a court ruling on October 20, 2021 and are planned to be carried out until April 18.... ... 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 organizations, only two of which were in a state of reorganization ... ... 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 ...

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

... 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 ... ... application form. According to the portal tourprom.ru, the losses of the two tour operators are not the only ones in the UK tourism market. Earlier, the British firm Cheap Cost Holidays has announced the termination of its activities. The firm has been ...

SUNWAY TRAVEL COMPANY STARTS BANKRUPTCY PROCEEDINGS

... industry market, filed an insolvency claim. RusBankrot published a material about the company at the end of March. When filing a bankruptcy petition, the Sunway indicated the debt to creditors in the amount of 41,684,256 rubles and 64 kopecks. The application ... ... to transfer money even before the start of the pandemic, at the end of 2019. Having received no funds for early booking, the tour operators complained to the police. As a result, the debt to companies amounted to 31.7 million rubles, but the accounts ...

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