Lindner Hotels, owners of luxury hotel in Portals Nous, files for bankruptcy
The Lindner Hotel group manages 39 hotels in ten European countries and the United States.
Out of proportion: Mallorca news round-up
Some of the stories to have made the news over recent days.
FTI is a key players in the Mallorcan tourist sector.
FTI is a key players in the Mallorcan tourist sector.
Europe’s third-largest German tour operator FTI files for insolvency, holidays will be cancelled
It will have to either cancel or complete only partially all trips from June 4.
Offers for bankrupt pearls company Majorica "not interesting"
The judge at the commercial court is particularly concerned about maintaining jobs.
Nightlife sector seeking extension to bankruptcy moratorium
Accumulated losses in the nightlife sector are put at 20,000 million euros.
Transport
Airline bankruptcies pushing up ticket prices
The immediate effect has been to push up prices over the festive period.
Transport
Repatriation begins after collapse of Niki
Most of Niki's passengers are in Majorca. Several airlines are involved in the repatriation.
Transport
Niki ceases operations
Some twenty Niki flights have been operating daily between airports in Germany and Austria and Majorca.
Technology
The Costitx observatory is to be auctioned off
Bankruptcy proceedings started in January last year. Creditors include the Tax Agency.