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Euralair Goes Bankrupt

Tue Nov 04, 2003 5:17 pm

And another small French Airline pass out...

Euralair is (was) a small airline based in LBG, employer of 500 people.

http://fr.biz.yahoo.com/031103/202/3h6un.html (in French, sorry for that)

707  Crying
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RE: Euralair Goes Bankrupt

Tue Nov 04, 2003 6:42 pm

Euralair used to be a major French charter airline in the 80s,and it was the main competitor of the AF subsidiary of that time Air Charter.
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RE: Euralair Goes Bankrupt

Tue Nov 04, 2003 7:58 pm

I was reading this story in the Financial Times today and it also mentioned the other airlines that have gone bankrupt in France this year (Air Littoral and Air Lib). It also mentioned that Aeris was facing a bankruptcy hearing soon. When did they declare themselves bankrupt? Are they still flying?

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RE: Euralair Goes Bankrupt

Tue Nov 04, 2003 8:07 pm

Aeris is not bankrupt yet, but is in the dire waters of receivership, which means the external administrator named by a court has been put in charge of running the airline whilst restructuring and seeking sufficient funding to continue operations. Some companies have successfully bailed out of receivership, some haven't. Only time will tell.
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RE: Euralair Goes Bankrupt

Wed Nov 05, 2003 12:37 am

That's strange.

I've just returned from the airport and 3 flights have arrived from MRS carrying supporters of the local football club. The 3 planes were F-GFUI Corsair, F-GRNA Euralair and F-GIXA 732 Air Mediterranee (all white)

Luis G
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RE: Euralair Goes Bankrupt

Wed Nov 05, 2003 12:54 am

Have they stopped operations?
They once had placed orders for A330s and 777s...
What a big cleanup in the French market!

Time to say au revoir to the frog:

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Once you have tasted flight, you will forever walk the earth with your eyes turned skyward, for there you have been...
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RE: Euralair Goes Bankrupt

Wed Nov 05, 2003 1:11 am


Slightly off topic but I have heard of a new French operator Avia (or Aria) which should start very soon.

Any info on that?