XL Airways suspends all flights through Oct. 3
Insolvent French low-cost, long-haul airline XL Airways is suspending all flights as a court deadline for finding an investor or liquidating the airline nears. “In great financial difficulties, XL Airways unfortunately finds itself obliged to suspend all its flights from Sept. 30, 2019 at [3:00 p.m. local] time until Thursday, Oct. 3 inclusive,” XL Airways said. The move three days after a French commercial court ruled that fellow French carrier Aigle Azur should be liquidated as no suitable rescue plan for the airline materialized. A French commercial court will decide in the coming days whether any of the expressions of interest in XL Airways, which had to be submitted to the court by Sept. 28, represents a viable option to save the airline. XL Airways CEO Laurent Magnin had previously called on Air France to rescue XL Airways, a course of action Air France-KLM quickly ruled out.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-10-02/unaligned/xl-airways-suspends-all-flights-through-oct-3
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XL Airways suspends all flights through Oct. 3
Insolvent French low-cost, long-haul airline XL Airways is suspending all flights as a court deadline for finding an investor or liquidating the airline nears. “In great financial difficulties, XL Airways unfortunately finds itself obliged to suspend all its flights from Sept. 30, 2019 at [3:00 p.m. local] time until Thursday, Oct. 3 inclusive,” XL Airways said. The move three days after a French commercial court ruled that fellow French carrier Aigle Azur should be liquidated as no suitable rescue plan for the airline materialized. A French commercial court will decide in the coming days whether any of the expressions of interest in XL Airways, which had to be submitted to the court by Sept. 28, represents a viable option to save the airline. XL Airways CEO Laurent Magnin had previously called on Air France to rescue XL Airways, a course of action Air France-KLM quickly ruled out.<br/>