Package tours suspended by tour operator FTI until July 5th.

Visiting places for leisure or pleasure. - Package tours suspended by tour operator FTI until July 5th.

FTI Touristik, the travel company, has decided to call off all trips that are scheduled for the next month. In collaboration with the provisional insolvency administrator and the Travel Guarantee Fund, they have decided to cancel bookings with FTI Touristik, 5vorFlug, and BigXtra Touristik. Trips having departure dates up to and including July 5th are affected by this decision. It's still uncertain if packages tours from other service providers can proceed from July 6th.

Axel Bierbach, the provisional insolvency administrator, mentioned that a solution could be found, but it won't happen in the immediate future. Canceling all trips with departures within the next four weeks provides customers with greater planning security and flexibility. This decision covers package tours, individual bookings, and individual services. The BigXtra Touristik subsidiary of FTI Touristik also filed for insolvency in the Munich District Court on Thursday.

The objective is to permit customers to embark on a package tour from July 6th at the initially planned time, arriving at their destination as well as at the agreed price. This is crucial for customers with high deposits or minimal budgets, as they can travel without needing to wait for their travel fees refunded from the Travel Guarantee Fund DRSF. Given the upcoming summer vacations, a decision regarding the fate of all remaining bookings needs to be made promptly. Talks with rival companies are currently ongoing.

Read also:

1. Customers planning a summer vacation in Europe might need to reconsider their package tours due to FTI Touristik's suspension.
2. Despite the suspension, tour operators like FTI Group are exploring collaborations to ensure smooth travel post-July 5th.
3. Those who had booked package tours with FTI Touristik, 5vorFlug, or BigXtra Touristik in high season might be affected by the insolvency proceedings.
4. Customers looking for alternative package tours in Bavaria, Germany, during their summer vacation can consider options offered by other tour operators.
5. Axel Bierbach, the provisional insolvency administrator, is aiming to revive FTI Touristik and ensure customers can embark on package tours as planned from July 6th.
6. The insolvency of FTI Touristik subsidiary, BigXtra Touristik, has raised concerns among customers who booked package tours or individual services with them.
7. Package tours to Europe typically offer a mix of leisure and cultural experiences, making them popular choices for summer vacations.
8. With FTI Touristik's package tours on hold, travelers should consider alternative tour operators who can provide affordable and secure options for their summer travels.
9. The suspension of package tours by FTI Touristik has highlighted the importance of securing travel arrangements well in advance, especially during the high season.

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