Tour operator "Nordic Old" announced the collapse of

Tour operator "Nordic Old" announced the suspension of work. The company explained the decision in connection with the impossibility of performance of obligations to the travelers.

Civil liability Nordic Old" for failure or improper performance of the duties under the contract of realization of tourist product of the insured OJSC "liberty Insurance for 30 million rubles. LLC "Nordic Old" with his own hand has notified JSC liberty Insurance" about the impossibility to fulfill your own promises to the travelers and customers on contracts for the implementation of the tourist product and occurrence of the insured event, is told on web-site of tour operator.

Travel agencies, working with an Agency agreement with JSC "Nordic Old"need to inform its customers about the suspension of the tour operator and the inability to fulfill its own obligations under the contracts on realization of tourist product.

Note, in early July, several travel companies has told about suspension of their own work. The first was Petersburg Neva - 1 of the oldest Russian companies in this field. Its fate has repeated the Metropolitan "wind rose of the World". Petersburg tour operator "Expo-tour" also left the market.

Following the tour operator "Labyrinth" announced the suspension of work on August 2, and the "Ideal tour". on August 5 about the failure announced the company "Inter".

Specialists in 1 vote recognize that this is not the last of the company who are waiting for the crash. For anybody not a secret that in the tourist business revolves a lot of cash when all the profits, according to the statement of the authorities of a number of travel agencies, does not exceed 15%. I agree with their application, when the currency exchange rate changes by 20%, this is a solid blow to the industry.

But far more dangerous "Charter of the pyramid." Often, according to the agreements between the airline and travel Agency, last obyazuetsya to buy the whole plane and to pay one way or another, even if the Board came only half of the passengers. To pay the missing 50%, as recognized experts in the sphere of tourist business, we have to take a loan. According to specialists, charters were advantageous for the 1st time. They allow to reduce the price of the ticket, but if the aircraft is not filled with passengers, Unallocated space had to be implemented almost free.

sections: Economics