TICO approves Compensation Fund claims

On March 27, TICO ‘s board of directors approved payment of $110,639.18 to assist 30 consumers who did not receive the travel services for which they had paid. These payments were due to the closure of 2000 Tours Inc. in London ($2,038.49); 1344288 Ontario Inc. o/a Apex International Travel in Markham ($8,420); 1821284 Ontario Inc. o/a Atlas Air Travel in Toronto ($12,828.77); Malev Airlines in Hungary ($172.40); Minfare Travel Inc. o/a Minfare Travel in Mississauga ($56,201.21) and Polar Star Expeditions in Halifax ($30,978.31). The board also denied two claims. (http://www.tico.ca)