+++ Insolvency administrator gives positive forecast +++ Day-to-day business will be continued +++
Since one of our investors withdrew at short notice, we had to file for insolvency on December 20, 2017. Since then we have been in preliminary insolvency.
This means that we will be supported for three months by an administrator who works with us to ensure that we can continue to provide our service and continuously improve it for our customers.
During this time, we are negotiating with investors who are interested in supporting us from March 2018. In fact, our insolvency administrator is very confident that fromAtoB will continue to be successful in the future and gives us a positive prognosis.
"We are currently in talks with several interested investors in cooperation with the management team of fromAtoB. We are very optimistic that we will soon be able to announce further positive news."
Dr. Philipp Hackländer, insolvency administrator
Bookings secure and tickets still valid
Our customers don't have to worry, their bookings through us are secure and the tickets purchased through us are and will remain valid.
We at fromAtoB are brokers of original tickets from more than 700 partners. However, fromAtoB itself is not the organizer of the trips that can be searched for and booked through us. Therefore, the validity of the tickets found and booked through us remains unaffected by our current situation and we assure that our customers can continue to use our services without hesitation.
"Nothing changes for our customers. Neither the validity of tickets purchased through us nor the security of payment are affected by our current situation."
Gunnar Berning, CEO of fromAtoB
fromAtoB continues to sell thousands of tickets a day and we can rely on a steadily growing, loyal customer base that supports us with positive feedback every day.
Work on product improvements and new features
The entire fromAtoB team is currently working hard to provide our customers with the service they are used to. We are already working on new product features and improvements, such as the new intermodal search!
None of our employees have left us since the insolvency was filed. We all believe in our idea and the vision of fromAtoB!