One of Europe's largest travel operators calls time as it files for insolvency
FTI Group, one of Europe's biggest tour companies, has filed for insolvency. The Munich-based business, which has recently been hit by a number of problems including poor bookings said in a press release: "After a lengthy and complex investor process, the entry of a consortium of investors was announced in April 2024. Since then, however, booking figures have fallen well short of expectations despite the positive news. Inflation, jet fuel costs and decarbonisation: Here’s why airfares are going to continue going upFed up with hoards of cruise passengers, Alaska residents are calling for ‘ship-...