18.09.2025 16:02
The global economic crisis has led to the bankruptcy of numerous companies in Turkey, with the latest addition being the luxury tourism company Lüks Karakuş. Operating in Konya, this major Turkish tourism firm declared concordat a few months ago and has now gone bankrupt.
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While tourism companies in Turkey are going through tough times due to rising input costs, the luxury tourism company Lüks Karakuş from Konya has recently declared bankruptcy.
DECISION ON THE COMPANY'S BANKRUPTCY
Due to the financial difficulties faced by the company, the lawsuit filed resulted in an official bankruptcy decision. According to the announcement published by the Ereğli (Konya) Enforcement Office: The Konya 2nd Commercial Court has decided on the bankruptcy of Lüks Karakuş Tourism as of September 10, 2025, at 14:38. This situation has been officially announced in accordance with Article 166 of the Enforcement and Bankruptcy Law (İ.İ.K.).
INCREASES IN TICKET PRICES WERE STILL INSUFFICIENT
The ongoing economic fluctuations and especially the consecutive increases in diesel prices have brought bus companies to the brink of bankruptcy. Sector representatives stated that even the increases in ticket prices were insufficient against rising costs and that many companies were struggling to survive.
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