PAYOUT TICO Approves Travel Compensation Fund Claims

Posted on 06/06/2016 | About Toronto, Ontario

On May 31, TICO’s Board of Directors approved payment of $162,146.35 to assist 76 consumers who did not receive the travel services for which they had paid. The payment was due to the closure of Blue Mountain Travel in Toronto ($6,135.00); Esna Travel and Tours in Toronto ($127,300.00); SkyGreece Airlines S.A. ($12,163.35) and Skypride Travel and Tours in Markham ($16,548.00).

The Board denied five claims. Two claims were denied as they were received beyond the legislated six month claim filing deadline and three claims were denied as they did not contain sufficient documentation to prove a claim.