Travelbird requests payment deferral, SGR assists victims



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The travel agency TravelBird Online requested a payment deferral. It seems like a bankruptcy. The company has been in financial difficulty for some time now, which has the consequence that hotels are no longer paid.

TravelBird immediately stopped selling travel services. People who have already booked a trip and are leaving next week can simply travel if they already have plane tickets. The SGR Guarantee Fund is responsible for paying the hotels for their holiday destination. People traveling after November 9 must stay at home. They can file a claim via the CMS.

The SGC also assists travelers who are currently in foreign destinations. The fund receives the help of TUI travel organization for this purpose. All victims receive a personal message from the guarantee fund, which also recommends keeping an eye on their own website. The company says it has a lot of problems with what is called the "seasonal fluctuation" in the industry. This means that income and expenses vary greatly as many people book their summer vacation early in the year.

According to the company, dozens of investors have been talking about additional funding in recent days. There have also been discussions with a major buyout candidate, but that ended last night "partly because of the turmoil in the media," a spokesman said.

the first profit. More than 300 people work in the company.

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