“Every journey comes to an end” is the phrase that the FTI team decided to bring down the curtain and say goodbye to all those people who watched, supported and followed them throughout this long journey. Although the announcement of the decision has been announced for months, FTI Group felt it was time to say […]
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More than six weeks after the bankruptcy of the FTI group, the process of recovering the money affected by the bankruptcy of the leading tour operator seems to have stalled. And while, the German Travel Safety Fund (DRSF) announced on 12 July that it would start soon, without, however, giving an exact date, all indications […]
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The future of the tourism service centre erf24 touristic services GmbH (erf24), previously part of the FTI GROUP, has been secured: The provisional insolvency administrator of LMM Last Mile Media GmbH & Co. KG (a subsidiary of the also insolvent FTI Touristik GmbH), Axel Bierbach, has succeeded in finding a suitable buyer in close co-operation […]
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FTI GROUP, the third largest tour operator in Europe, enters into exclusive negotiations with an international financial investor with extensive experience in the tourism sector. The agreement provides for the FTI GROUP to receive new capital to further invest in the digital transformation of the company and to take on the financial obligations. All parties […]
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FTI Group announced a 10% increase in turnover to €4.1 billion in FY22/23, compared to the previous year, with the group also planning double-digit growth for this year and the search for investors “also making progress”. The group, which has been in the spotlight due to concerns over its sustainability, presents its financial results and […]
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-The tour operator is heading for a more than successful 2023 summer season and is extending it – due to high demand – for the third time in a row. -For the winter season, FTI is planning to expand its flight connections. -The incoming agency Meeting Point Hellas is also enlarging its portfolio. Holidays in […]
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For the tourism industry, 2020 will go down in history as the year of the greatest challenges, enormous efforts and far-reaching upheavals. For the FTI GROUP, after the Corona-related streamlining of the company portfolio and the implemented structural measures last summer, the end of the year means a final reorganization of the top management before […]
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