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FTI GROUP
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.
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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