Six weeks after the collapse of German tour firm FTI and its Austrian department, affected clients can now anticipate compensation. The German Journey Insurance coverage Fund, which additionally insures package deal excursions ordered by subsidiary Austro, will begin the reimbursement course of “quickly,” a spokesperson defined on Monday. This contains over 250,000 canceled package deal holidays.
The spokesperson doesn’t present an actual date for the beginning of the funds. The specialist portal “fvw.de” had beforehand reported that it may be assumed thatper week later the week might be applied by the specialist portal “fvw.de”.
FTI, at present the third largest German tour operator after Tui and DER Touristik, filed for chapter at first of June and shortly after canceled all booked journeys. already. Funds already made for package deal excursions are protected in opposition to the organizer’s insolvency by means of the German Journey Insurance coverage Fund. The safety doesn’t apply to particular person journey elements similar to an precise resort reservation.
