nicko cruises will continue until the end of the 2015 season
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nicko cruises will continue until the end of the 2015 season

10 June 2015 · Stuttgart · Business Area Insolvency Administration

nicko cruises, the Stuttgart-based specialist for river cruises, will ensure that their cruises will continue until the end of the 2015 season. The company’s temporary insolvency administrator, Mr. Michael Pluta, was able to arrange this.

At the same time Mr. Pluta also managed to optimise the use of the overall fleet’s capacity. This means that some of the trips starting on 17 June or later will be combined, which will result in an upgrade for most of the customers, involving a better ship or an increased cruise time for the same price. Passengers will not suffer any financial disadvantage.

The company will directly inform customers and contractual partners of the concrete changes to the cruises and their itinerary during the next two weeks. Priority will be given to the trips starting in the week from 17 June, which will receive the corresponding information this week.

Planning certainty for the customers

With this solution, the restructuring expert Michael Pluta and his team managed to ensure planning certainty for the customers until the end of the season. He explains: “In my capacity as the administrator I have to make sure that all ships are operated economically. For this reason we will combine some of the trips to optimise capacity utilisation. It is also important to us here that the customers may benefit to the extent that is possible.”

nicko cruises’ travel agencies will receive a one-off remuneration of 50 euros per person for each change in booking.

For questions about individual cruises, the company’s customer hotline can be contacted by calling +49 711 24 89 80-44 from 9 am to 8 pm (at the weekend from 9 am to 5 pm). Moreover, the company will also publish up-to-date information on a regular basis on their website (

About nicko cruises

nicko cruises is a river cruise specialist offering trips on numerous rivers in Europe and worldwide, e.g. on the Danube, the Rhine and the Ganges. The company based in Stuttgart has a staff of about 100 employees and more than 20 years of experience in this sector.

PLUTA expert

Michael Pluta

Michael Pluta
Rechtsanwalt, Fachanwalt für Insolvenzrecht, vereidigter Buchprüfer

PLUTA press contact

Patrick Sutter
relatio PR

+49 89 210 257-22

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