The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Air Horizons filled for bankruptcy in late November 2005. The Decision was agreed on 14 december 2005. 275 employees will be dismissed before christmas. €15 to 20 million debts were accumulated in the last year.
Sources
29 November 2005: Les Echos
30 November 2005: Les Echos
15 December 2005: Les Echos
Citation
Eurofound (2005), Air Horizons, Bankruptcy in France, factsheet number 62756, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62756.