Friday, September 12, 2008

XL gone into adminstration – All flight cancelled

XL Travel Group PLC

As of 12th September 2008 XL Travel Group PLC, The Companies entered into Administration having suffered as a result of volatile fuel prices, the economic downturn, and were unable to obtain further funding. The Joint Administrators cannot continue trading the business and therefore all flights operated by the Companies have been immediately cancelled and the aircraft grounded. Going forward, the Joint Administrators are unlikely to be able

Posted by debt-free @ 09:04 AM (568 views)
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