itravel20006 Nov 2013 11:46
Conversation started 8 October
Harry Christoforou
08/10/2013 20:26
Harry Christoforou
Hello,
I am thinking of booking with "i travel" but I am concerned with the ongoing situation with travelzest. I am aware that there are safeguards in place should I book my holiday, but can you give me any assurances please that Travelzest is not going to go bust?
Thank you
9 October
itravel2000
09/10/2013 14:25
itravel2000
Hi Harry,
Thank you for reaching out to us. Hopefully the following will address your concerns but feel free to continue to reach out if you have additional questions.
iTravel2000 is strong and viable, the industry is improving and travel business is up.
• Your travel arrangements are funded and secure
• Your trip(s) will proceed as planned
Our new primary lender is LDC Logistics Development Corporation, effective September 2nd, 2013 and we are well-positioned and financed for the future
During the transition, we will continue to fund our business through existing financing arrangements
• Our primary lending bank provides working capital
• Announcement in the U.K. that extended our working capital
• It is positive news and part of normal financing process
• Its business as usual on our end.
Harry, we would be happy to offer any further assistance with your travel plans.
Yours truly,
Rose Cosentino
Vice President, Sales & Product