TICO board approves compensation fund claims

On Nov. 27, TICO’s board of directors approved payment of $40,300 to assist 72 consumers who did not receive the travel services for which they had paid. These payments were due to the closures of Atlas Air Travel in Toronto ($4,650); BG Seas Travel in Mississauga ($1,472); BTM Services ($3,450); Dolphin Travel in Toronto ($11,494.48) and Malev Airlines in Hungary ($19,233.52). (http://www.tico.ca)