Just a few days after the bankruptcy of major Russian agency Labirint, the Russian tour operator Intaer announced the suspension of its operations. It is estimated that about 10,000 Russian tourists would visit Greece using the services of Intaer. Intaer has been in business since 1992 and its prime destinations were Italy, Spain, United Arab Emirates, Bulgaria, Greece, India, Thailand and Sri Lanka. On Tuesday, Intaer announced on its website the suspension of all activities on August 5th. “Due to the inability to meet its obligations to customers, the tour operator is forced to announce the suspension of its activities,” was the official word. The bankruptcy of Intaer was, according to other Russian tour operators, due to the recent bankruptcy of Labirint. The two companies were closely collaborating and the bankruptcy of Labirint caused the collapse of Intaer. Other reasons were the sharp drop of demand, the decrease in purchasing power of the Russian ruble due to the negative political developments. It is estimated that about 500 customers of Intaer are currently on the Greek islands of Corfu, Rhodes and Crete. The Federal Tourist Agency spokeswoman Irina Shchegolkova claimed that Intaer’s insurance exceeded the size of damage done to its clients and therefore “compensation will cover everyone.” The bankruptcy of the two Russian agencies will affect Greek tourism that is depending in part on the influx of Russian visitors.
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