Christchurch couple Caitlyn and Nik Stefanissin had been planning their dream trip for three years. Photo: Supplied via NZ HeraldA Kiwi couple who had their dream trip cancelled due to Covid-19 fear they could be $20,000 out of pocket after parent company of STA Travel New Zealand filed for insolvency. Now, the debacle has been made even more uncertain, with parent company STA Travel Holding AG this week filing for insolvency. While the parent company STA Travel Holding AG in Switzerland is affected, local day-to-day operations by STA Travel may continue around the world." Keith Sumner, director of Gilpin Travel, said the situation with STA Travel showed what was at stake for the travel industry and Kiwis still owed money.

Source: Otago Daily Times August 22, 2020 06:45 UTC