Todos
← Back to Squawk list
13,000 stranded after French airline collapses: official
Some 13,000 passengers, mainly booked on flights to and from Algeria, are still stranded after France's second-largest airline Aigle Azur went into receivership, a senior French official said Monday, adding that several potential buyers had been identified. The airline, which employs almost 1,200 staff, filed for bankruptcy and suspended flights last week after losses which prompted a shareholder coup that ousted the chief executive. "Out of 19,000 passengers who found themselves in… (www.yahoo.com) Más...Sort type: [Top] [Newest]
extremely thin profits margins, one misstep and down she goes
WOW
comes to mind.
comes to mind.
What about Monarch and Thomas Cook? This is nothing new......
When Airlines fail, they seem to fail spectacularly...
There’s an old boxing phrase and it goes something like this: the bigger they are, the harder they fall.
What's interesting is that until I saw this article, I had never heard of France's second-largest airline.