Airlines
XL Airways Suspends Operations
France’s minister of economy claims the operator faced unfair competition from Norwegian.
An XL Airways Airbus A330 lands at Paris Charles de Gaulle Airport. (Photo: Flickr: Creative Commons (BY-SA) by airlines470)
An XL Airways Airbus A330 lands at Paris Charles de Gaulle Airport. (Photo: Flickr: Creative Commons (BY-SA) by airlines470)

Paris-based XL Airways on Monday suspended operations after failing to secure a takeover bid despite calls by the CEO and employee unions for the French government and Air France to intervene. The embattled leisure airline, which in January placed an order with Airbus for two new A330-900s to support its then growing network, urgently needed €35 million to carry out its restructuring and keep afloat. It declared itself insolvent September 20 and asked a commercial court to place it into receivership. The court in Bobigny, near Paris, gave the company until September 28 to find potential investors. It received only expressions of interest and no firm offer.


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