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A Spirit Airlines plane taxis at New Hampshire’s Manchester Boston Regional Airport on June 2, 2023. The budget carrier said
Bruce Lehrmann faces a dual-pronged attack by Network Ten as he fights to stave off bankruptcy over a $2 million
A bizarre and unprecedented situation has left thousands of tourists stranded in Egypt after the European company that sent them there declared bankruptcy. The German travel and tourism group FTI’s bankruptcy has thrown the itineraries and payments of 11,000 tourists in Egypt into disarray. Minister of Tourism and Antiquities Ahmed Issa met with the German …
The post Thousands of tourists face unprecedented crisis in Egypt as European tour operator files for bankruptcy appeared first on Egypt Independent.
FTI Group, the third-largest tour operator in Europe, has filed for bankruptcy with the Munich District Court. The company, majority-owned by Egyptian businessman Samih Sawiris with a 75.1 percent stake, was overwhelmed by debt and supplier demands, according to a statement released by the company and reported by Reuters. FTI has opened a hotline and …
The post Sawiris’ largest company in Europe files for bankruptcy appeared first on Egypt Independent.
