Christian Tour's reaction after Animawings filed for insolvency / Christian Tour transfers charter flights affected by Animawings' insolvency to other airlines

Christian Tour announces that all charter flights affected by the insolvency filing submitted by Animawings have been taken over by other air carriers. The company specifies that customers’ travel packages are proceeding as planned, with no changes to destinations, accommodation, or travel periods.

The information was conveyed on Thursday, October 1, 2026, in a statement published on the Bucharest Stock Exchange website. Christian Tour maintains that it is a separate entity from Animawings and that the airline is neither part of the company nor of its consolidated entities. However, the two companies have common ultimate shareholders, the Pandel brothers.

Christian Tour states that it operates as a tour operator and travel agency and contracts transportation services from several airlines. As of September 30, 2026, the company’s direct and affiliated-party financial exposure to Animawings allegedly had no significant impact on its liquidity or financial performance.

The reaction comes one day after Animawings requested to enter insolvency proceedings at the Bucharest Tribunal. In this context, Christian Tour shares fell by 14.61% in the first minutes of the trading session, to RON 1.216 per share, before the decline moderated. The company was listed on the Bucharest Stock Exchange on June 22, 2026.