Tag: airline liquidation

Air Italy Ceases Operations and Goes Into Liquidation

Reading Time: < 1 minute Air Italy, the second largest airline in Italy after the flag carrier Alitalia, has suspended operations and, following the owners’ decision, will be liquidated after 25 February, 2020. Air Italy on its website said that flights until February 25 would be operated by other carriers, meanwhile, flights booked after that day will be “re-protected or […]

Aigle Azur Fails to Secure Buyers: Airline to Be Liquidated

Reading Time: < 1 minute The fate of Aigle Azur, the second largest carrier in France, is decided. After a French commercial court came to the conclusion that any of the rescue offers were suitable to recover Aigle Azur, the airline was put into liquidation. The airline was placed in receivership in the beginning of September following the growing financial […]