www.economica.net/fibula-air-travel-care-semnase-u

Fibula Air Travel has declared insolvency despite increased revenues in 2025. The company faced significant net losses and rising debts. It had recently partnered with 5 to go to sell vacation packages, aiming to reach end consumers after focusing on B2B services for 20 years. Fibula Group, its parent company, is a major player in the tourism industry in the Balkans, with extensive operations across Southeast Europe.