Air Transport World

XL Airways UK.(EUROPE Report)(XL Airways UK)(Brief article)

XL Airways UK grounded all flights Sept. 12 after its parent company, XL Leisure Group, the UK's third-largest tour operator, was put into administration. CAA estimated that 85,000 XL passengers were stranded abroad and that customers held 200,000 forward bookings. The shutdown was caused by "volatile fuel prices, the economic downturn and [an inability] to obtain further funding," a statement of the joint administrators said on the xl. …

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