Why xl airways failed

But what about China? How do the two giants fare there For World Tourism Day, we explore a number of tourism campaigns and ask, during a global pandemic, is it still relevant? As XL Airways stops selling tickets due to "financial difficulties", the destiny was already written in the stars for the low-cost long-haul carrier:. Rytis Beresnevicius. Source : XL Airways. Image : GB-Photographie.

XL Airways was destined to fail. Share this news. So, why did XL Airways flew into financial turbulence? Having written for The Independent, Evening Standard, and others, his role here allows him to explore his enthusiasm for aviation and travel. Having built strong relationships with Qatar Airways, United Airlines, Aeroflot, and more, Sumit excels in both aviation history and market analysis.

Based in London, UK. More great Simple Flying content:. Just two years after its separation from Avion, it entered administration and the UK division of XL Airways collapsed — although the French and German divisions continued to operate. The surviving French and German carriers were acquired by an Icelandic investment bank, Straumur, just as the country was engulfed by the global economic downturn. Both operators were subsequently sold to investor X-Air Aviation, linked to BeachSide Capital, around although the German division ceased operations shortly afterwards.

XL Airways France survived and underwent another corporate transfer in when it was combined with the long-haul all-premium operator La Compagnie, under the Paris-based holding company DreamJet Participations.

But ambitions to develop the two airlines, under XL Airways France chief Laurent Magnin, as long-haul budget operations at different ends of the cabin service spectrum — one in the business-class sector and the other focused on economy class — were ultimately not sufficient to save the leisure carrier.

Chief commercial officer Christian Scherer disclosed the basic configuration to FlightGlobal during a 13 November forecast briefing. Speaking ahead of the Dubai air show, Airbus chief Russian investigators probing the fatal Antonov An crash during a go-around at Irkutsk have disclosed that the cargo aircraft was deviating from the glideslope during its initial descent to runway XL's fleet of planes have been grounded , leaving an estimated 85, people stranded abroad, while a further , have made advance bookings with the company, many of whom will lose out.

Speaking at the Hilton Hotel at Gatwick Airport,Wyatt expressed his anger at the fact that he is not allowed to get his planes in the air. I personally don't believe that's the case. The CAA is working with other airlines and tour operators to organise repatriation flights for package holiday travellers stranded abroad. It reckons there are 50, tour operator customers of XL already on holiday abroad, a further 10, overseas who had booked with XL Airways, and 25, with other tour operators who shared the XL flights.

Wyatt reckons there are fewer stranded passengers than the CAA estimates but that the organisation faces a massive challenge in getting them back home.

Other airlines have already scrambled to help the CAA. Ryanair is giving a fully staffed plane to the effort and will bring customers back for free.