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Wednesday,  May 22, 2024 3:45 AM 

TICO approves $8K in Comp Fund payouts

TICO approves $8K in Comp Fund payouts

TICO’s Board of Directors approved payment of $8,006.45 to assist seven consumers who did not receive the travel services for which they had paid, in the organization's latest Compensation Fund payout.

The Sept. 26 payment was due to the closure of Blue Mountain Travel in Toronto ($900); Esna Travel and Tours in Markham ($5,000); SkyGreece Airlines S.A. ($606.45); and Smartchoice Travel & Tours ($1,500).

According to TICO, the Board denied one claim as the travel services being claimed were available or alternate travel services were made available, but were not received because of an act or a failure to act on the part of the customer or of another person for whom the travel services were purchased.