View Full Version : Aigle Azur has collapsed.
Super VC-10
28th Sep 2019, 14:03
French airline Aigle Azur has collapsed. Not looking good for XL Airways either.
https://news.sky.com/story/aigle-azur-hundreds-out-of-work-as-frances-second-biggest-airline-collapses-11821556
French airline Aigle Azur has collapsed. Not looking good for XL Airways either.
https://news.sky.com/story/aigle-azur-hundreds-out-of-work-as-frances-second-biggest-airline-collapses-11821556
Oh boy, not a good year for aviation in Europe.
Hope the crews/staff can get employment ASAP.
Officer Kite
28th Sep 2019, 19:19
There's a recession in aviation but no one seems to want to say the word
763 jock
28th Sep 2019, 19:56
There's a recession in aviation but no one seems to want to say the word
I think there are just too many airframes in Europe. Industry self inflicted wounds.
tsgas
28th Sep 2019, 21:52
I think there are just too many airframes in Europe. Industry self inflicted wounds.
Too many cheap seats and too many costly government regulations = companies closing down.
PAXboy
28th Sep 2019, 22:25
Too many cheap seats? Yes. Govt regulations? Not sufficient of themselves to ground a carrier. We are seeing one of the regular cycles and it will get worse as the next Western Financial Recession starts tobite. When the USD trouble surfaces (as it soon will) then it will be even more uncomfortable.
Wizofoz
28th Sep 2019, 23:14
It's another financial blow for HNA as well.
His dudeness
29th Sep 2019, 08:43
Govt regulations? Not sufficient of themselves to ground a carrier.
Have you ever run an airline ?