fft100 wrote:I think the XL group had about 40 planes. I havnt looked at the accounts, but would guess that they were leased. I dont see other companies taking up the leases in the current climate (even if their banks let them !), so that is a lot of seats taken off the market.
Remember that its only XL UK that went under, the French and German operations are unaffected. XL Airways, which is the only airline affected by the administration had a fleet of 15 aircraft, none of which were chartered for winter holidays for ski holidays. They had 3 Boeing 767s which did the Caribbean routes, and 12 Boeing 737s which buzzed around the European and Egypt routes.
If, like me, you are looking for a holiday in the next 2 weeks to replace one you had booked with part of the group (in my case Kosmar), its not going to happen, because the other operators have put up their prices 4 sometimes 5 times the normal on routes previously served by XL, notably Greece, Cyprus and Egypt.
As for winter holidays for us skiers and boarders, I dont see that XL will affect it, although obviously I acknowledge that the current financial doom and gloom could well affect other businesses.