How can the French and German divisions ‘continue to operate as normal’? And how can the administrators blame ‘economic conditions’ (in addition to the fuel price, which everyone accepts), when XL’s planes are packed and bookings are looking fantastic for months to come? Do the French and German divisions pay any less for fuel? Of course not. In fact French / German costs are higher due to higher handling costs at the airports. I think the fact that the French and German divisions continue to operate (while great news for their staff), needs some looking at.
Something’s rotten, and I don’t think we’ll know the full story or a long while.
