Travel agencies incur a loss of Tk 6 billion in six days

Travel agencies incur a loss of Tk 6 billion in six days

Travel agencies across the country have incurred a loss of Tk 6 billion in six days amid the curfew, holidays, and internet service interruption around the quota protests.
According to the members of the Association of Travel Agents of Bangladesh or ATAB, travel agencies make sales of at least Tk 1 billion every day.
However, since Jul 18, travel agencies in Bangladesh have incurred huge losses after air ticket sales, hotel bookings and flight date change services were closed indefinitely.
They were also unable to collect their money from various corporations in addition to their regular customers. Since the shutdown led to the closure of banks and other financial services, the travel agents could not make any financial transactions during the nationwide shutdown programmes.
The agencies also failed to pay their dues to foreign airlines on time per the rules of the International Air Transport Association or IATA.