Search Results for “bankrupt Russia”

Chain of bankruptcies in Russia’s Tourism Sector

Another leading Russian tour operator,Yuzny Krest Travel, with a preliminary estimation of 9,000 tourists currently vacationing abroad, suspended yesterday its operation.

Posted On 11 Sep 2014

, By Maria Theofanopoulou

Another Russian Tour Operator That Works With Greece Goes Bankrupt

Russian tour operator Intaer announced on 5 August that it is suspending all activities due to the inability to meet its obligations to customers.

Posted On 05 Aug 2014

, By GTP editing team

Thessaloniki and Halkidiki Expect Rise in Russian Arrivals this Season

Tourism professionals from the Northern Greek cities of Thessaloniki and Halkidiki predict a rise in arrivals of Russian visitors to Greece this year.

Posted On 29 Mar 2016

, By GTP editing team

Russian Airline Transaero Expected to Cease Operations Any Day

Russia's second-largest airline, Transaero, is expected to cease operations any day following the collapse of a takeover plan, international media reports said on Friday.

Posted On 04 Oct 2015

, By GTP editing team

Russian Pre-bookings in Halkidiki Drop

Halkidiki authorities expressed their concern over the significant drop in the number of pre-bookings by Russian tourists this year, following the region’s participation in the 22nd Moscow International Exhibition Travel & Tourism (MITT) held in Russia, earlier this month.

Posted On 24 Mar 2015

, By GTP editing team

Report: Russian Travel Market Remains Stable Despite Challenges

Russian trips abroad will increase next year by some four percent, according to the annual ITB World Travel Trends Report, conducted by IPK International and commissioned by travel trade show ITB Berlin.

Posted On 18 Nov 2014

, By GTP editing team

Kefalogianni: Safeguards Are Needed For Greek Businessmen, Russian Tourists

Safeguards must be developed for Greek businessmen and Russian tourists in the event of a tour operator going bankrupt, Tourism Minister Olga Kefalogianni said on 17 September when referring to the wave of collapses among tour operators in Russia this summer.

Posted On 17 Sep 2014

, By GTP editing team

Another Russian Tour Operator Calls It Quits, Some 2,000 Tourists Stranded In Greece

St. Petersburg-based tour operator Versa is halting operations and cutting off services to some 9,000 customers who bought trips to destinations including Greece, Spain, Turkey, Cyprus, Tunisia, Italy, Bulgaria, Croatia and Montenegro.

Posted On 16 Sep 2014

, By GTP editing team

ITAR-TASS: Russian tourist company Solvex-Tourne suspends activities

One of major tourist companies in St. Petersburg Solvex-Tourne suspended activities on Monday. About 9,000 clients of the company are abroad now. Most of them stay in Greece and Bulgaria. About 8,600 clients have paid for tours due within several next months, even on Christmas.

Posted On 08 Sep 2014

, By felipe

Stranded Russian Tourists Should All Be Home By Next Week

More than 50 flights are expected to take place in the coming days to fly Russian tourists back home from Greece after they were stranded due to the collapse of tour operators Labirint and Intaer.

Posted On 07 Aug 2014

, By GTP editing team

Greek Ministries Of Tourism And Foreign Affairs Focus On Labirint’s Bankruptcy Situation

The Tourism Ministry and the Greek National Tourism Organization (GNTO) are closely cooperating with the Ministry of Foreign Affairs and the diplomatic mission of Greece in Moscow to responsibly manage the situation that has arisen with the closure of a leading Russian tour operator.

Posted On 04 Aug 2014

, By GTP editing team

Thousands Of Russian Tourists Trapped In Greece Due To Labirint’s Collapse

Thousands of Russian tourists are still stranded in Greece following the bankruptcy of Labirint, one of Russia’s leading tour operators.

Posted On 04 Aug 2014

, By GTP editing team

Leading Russian Tour Operator That Works With Greek Market Goes Bust

Labirint, one the largest Russian tour operators working with the Greek market, was officially declared bankrupt in Moscow on 2 August.

Posted On 02 Aug 2014

, By GTP editing team

Greek Tourist Agencies Ready to Establish Travel Compensation Fund

The association representing Greek travel agents says it is ready to establish a compensation fund which would assist consumers in case a travel provider declares bankruptcy.

Posted On 13 May 2022

, By Eleftheria Pantziou

Over 185,000 Passenger Flights Cancelled Since Late January

Over 185,000 passenger flights have been cancelled since the end of January in response to government travel restrictions due to the coronavirus pandemic, according to IATA.

Posted On 17 Mar 2020

, By Nikos Krinis