Type
Bankruptcy
Country
France
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

275 jobs
Number of planned job losses
Job loss
Announcement Date
29 November 2005
Employment effect (start)
Foreseen end date

Description

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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62756.