Master Bank may be to blame for the bankruptcy of Lanta Tour
RUSSIA NEWS. One of the reasons for stopping the activities of the Lanta-tour tour operator could be the refusal of a loan by Master Bank. As Irina Tyurina, spokeswoman for the Russian Union of Travel Industry, suggested, the bank could have refused to issue a loan to replenish working capital, and the company did not have time to close the cash gap. “Aeroflot airline, in turn, lost its nerve, and it stopped selling tickets on credit to the tour operator,” Irina Tyurina suggested.