Air Excel suspends France flights

2nd February 2005, Comments 0 comments

STRASBOURG, France, Feb 2 (AFP) - Air Exel, a low-cost Dutch airline, said Wednesday it was suspending flights in France because of "financial problems" linked to the recent arrest of its main shareholder.

STRASBOURG, France, Feb 2 (AFP) - Air Exel, a low-cost Dutch airline, said Wednesday it was suspending flights in France because of "financial problems" linked to the recent arrest of its main shareholder.

Services from Paris, Strasbourg, Nantes and Saint-Etienne had been cancelled "until further notice," the head of French operations, Herve Brenier, said.

The decision would also affect flights from Strasbourg to Amsterdam and to Milan.

"We don't have enough planes in our fleet because of financial problems" that resulted from the arrest last week of Air Exel's main shareholder and former chairman Erik de Vlieger on suspicion of extortion in a matter unrelated to the airline, Brenier said.

He explained that a Toulouse aircraft lease company had repossessed several planes.

De Vlieger, 44, resigned from the airline's board in January, citing personal reasons.

He was arrested by Dutch police in Amsterdam January 24 on suspicion he tried to illegally recover money he invested in a poorly performing cafe in the city, and was released after three days of questioning.

© AFP

Subject: French News

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