FTI GROUP
Germany
Europe’s third-largest German tour operator FTI files for insolvency
Europe’s third-largest tour operator FTI Group filed for insolvency in the Munich regional court, the German company said in a statement, as bookings continued to fall even after a recent one-euro buyout proposal.
Europe
RAKTDA and FTI Group strike landmark agreement
Ras Al Khaimah Tourism Development Authority (RAKTDA) and the FTI GROUP one of Europe’s leading outbound tour operators, have struck a new agreement that paves the way for the launch of twice-weekly flights from Munich to Ras Al Khaimah International Airport in the fourth quarter of this year.
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