Aigle Azur (Paris Orly) plans to cancel all flights starting in the night of Friday, September 6, 2019, AFP newswire has reported citing an internal document to the staff.
"The company’s financial situation and the resulting operational difficulties do not allow us to ensure flights after the evening of September 6. If you take a flight after September 6, 2019, whatever the airport of departure, this flight is cancelled," the airline said.
Aigle Azur said that it planned to operate 44 flights on September 6 prior to the suspension of operations. The carrier filed for bankruptcy on September 2, at that time vowing to continue flying despite mounting losses.
The airline said that it continued to look for an investor. The airline's current shareholders include HNA Group with a 49% stake, David Neeleman with a 32% stake, and French businessman Gérard Houa with a 19% stake.
According to the ch-aviation capacities module, Aigle Azur planned to operate 323 scheduled departures in the week of September 2-September 8, nearly exclusively between France and Algeria. 244 flights and 75.5% of Aigle Azur's scheduled capacity is between the two countries.
The carrier operates seven A320-200s and two A330-200s. It also wet-leases one B737-400 from GetJet Airlines (GW, Vilnius) and one ATR 42-300(F) from Swiftair (WT, Madrid Barajas). Both wet-leased aircraft were last active for Aigle Azur on September 5, 2019, Flightradar24 ADS-B data shows.
