Following this second wave of Covid and its global consequences, which push the recovery beyond 2021, and some very reliable reports even place it beyond 2024, Politours has issued a statement confirming that on October 30th it filed for voluntary insolvency proceedings without liquidation.
The company has decided to seek official assistance to avoid further damage to its cash reserves and the risk of potential insolvency. Up to this point, they have continued to meet their daily obligations to suppliers, correspondents, and clients.
In this statement, the travel wholesaler comments, "We regret with immense sadness that a historic Tour Operator like POLITOURS is being so seriously affected in its future, due to causes unrelated to the course of the business.".
The company states that it will continue working day by day as it has been doing since this nightmare began more than 7 months ago, ending its statement with the message "We wish the rest of the companies in the sector our best wishes for the future."
