A LEADING German tour operator- FTI- has filed for insolvency putting at risk thousands of holidays including a major raft of bookings to Spain- especially to the Balearics.
FTI Group, which describes itself as Europe’s third-biggest tour operator, said parent company FTI Touristik GmbH, had filed an application to go insolvent at a Munich court.
An estimated 300,000 customers are said to be affected according to estimates from the German Association of Travel Agencies.
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The biggest German tour operator, TUI, said they would be open to helping some customers depending on the ‘nature of the bookings and the support…
