The French airline XL Airways in cessation of payment

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Dirty weather for the French air sector. When Aigle Azur has a hard time finding a buyer, XL Airways beats the wing. The French company has declared itself insolvent and asked Thursday for its placement in receivership, she announced in a statement.

"For over a year, management has negotiated with several buyers. These negotiations have not succeeded and the company must now be under the protection of the Commercial Court of Bobigny, "said the company.

700,000 passengers each year

The works council was informed Thursday, before the launch of the procedure. "The objective is to ensure the payment of salaries and to quickly initiate the search for a buyer under the direction of the Commercial Court of Bobigny," the company added.

Based at Paris-Charles-de-Gaulle airport, the company employs 570 people. With its fleet of four Airbus A330s, it serves overseas (Reunion, Guadeloupe, Martinique), the United States, CancĂșn, Punta Cana, Dominican Republic, and Varadero, Cuba. Each year, XL Airways carries nearly 700,000 passengers.

Consequence for these customers, "XL Airways is unfortunately obliged to stop sales as of (Thursday) 19 September evening," she said. Some flights are "likely to be canceled" from September 23, according to the company, passengers are asked to check the status of their flights (via the website www.xl.com or a toll-free number + 33.3. 51.86.00.51).

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