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XL Airways "needs 35 million to leave," says CEO

2019-09-20T13:02:35.370Z

Laurent Magnin said in an interview that his airline, in default since September 19, "needed 35 million euros to leave". He also sent a message to Emmanuel Macron, calling on him to "do preventive work on the French air force".


Laurent Magnin said in an interview that his airline, in default since September 19, "needs 35 million euros to leave". He also sent a message to Emmanuel Macron, calling on him to "prevent the French air force".

The French airline XL Airways, in cessation of payment, "needs 35 million euros to leave," said Friday on RTL CEO Laurent Magnin.

"We are in an unbearable competitive situation for part of the French flag," said Laurent Magnin, the day after the declaration of cessation of payment of the company and its application for placement in receivership. He said he regrets being "about to betray" his clients. "The hope of a buyer, it will be until the closure of the company, (...). This company needs 35 million to leave, it's a message. who have the means in this country, "he said.

A structural problem of costs in France

In addition to "unbridled international competition", Laurent Magnin has questioned a "structural problem of costs in France, social charges that are out of the ordinary compared to the rest of the world". "We continue to discuss, we are helped by the government, it is ambiguous," he said, sending a message to Emmanuel Macron: "We must stop doing defensive, we must do the preventive on the French air transport ".

Based in Paris-Charles de Gaulle, the company employs 570 people. It has transported 730,000 passengers in 2018 on four continents, mainly in North America, including the United States, the Caribbean and China. Some flights are "likely to be canceled" especially from Monday, passengers are invited to check the status of their flights via the website www.xl.com or a toll-free number at their disposal +33.3.51.86.00.51, a indicated Thursday XL Airways.

Source: europe1

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