Aigle Azur, France’s second largest airline on the time of its demise, was one of many many airline casualties of 2019. By the point it was liquidated on 27 September, Aigle Azur had turn into the 12th airline to fold because the starting of the yr. However what went incorrect?Aigle Azur was liquidated in September, an incredible 73 years after it was based. Picture: Getty ImagesLast yr we sadly noticed many airways go below. However it wasn’t simply small, younger airways which went bankrupt. Among the many checklist of airways which failed in 2019 had been a lot of massive, well-established names, Aigle Azur being considered one of them.Aigle Azur was based in 1946, specializing in providing flights to numerous French abroad territories and working a lot of transport contracts for French authorities. Regardless of being a longtime airline for a lot of a long time, Aigle Azur spent most of its life as a comparatively minor service, specializing in regional flights.Aigle Azur’s massive breakOne transfer specifically led to a lot of Aigle Azur’s success within the late 2000s and early 2010s. Following the liquidation of Air Liberté and Khalifa Airways in 2003, Aigle Azur managed to safe a bunch of routes to Algeria- a giant marketplace for journey from France, given its massive Algerian inhabitants.AdvertisementFeatured Video: These France-Algeria routes proved profitable for Aigle Azur at a time when the remainder of its route community was fairly sparse. It then adopted up with an enlargement into Morocco in 2006, serving the capital of Rabat, in addition to Casablanca, Marrakech and different cities.Off the again of its profitable enlargement into North Africa, Aigle Azur was in a position to supply an more and more wide selection of flights out of its Paris Orly base all through the late 2000s and early 2010s. However the airline additionally selected to open a lot of high-risk routes, similar to a service Paris-Baghdad in 2010.Aigle Azur turned too depending on its Algeria routes. Picture: Olivier Cabaret through FlickrAigle Azur’s closing declineWhile the routes to Algeria had been accountable for a major enhance in passenger numbers and income for Aigle Azur, higher administration tried to pursue an enlargement into the remainder of North Africa. Sadly, the airline’s plan to construct a powerful community within the area didn’t come to fruition, because the enlargement took assets away from the remainder of its long-haul community. Aigle Azur’s losses started to mount on account of its confused route providing.Alongside Aigle Azur’s miscalculated North African enlargement, the airline suffered on account of disagreements between higher administration and numerous shareholders. In 2017, American-Brazilian Airline entrepreneur David Neeleman acquired 32% of Aigle Azur’s shares from Weaving Group. Neeleman’s arrival at Aigle Azur prompted the hiring of a brand new CEO, Frantz Yvelin.Aigle Azur suffered from management points. Picture: Anna Zvereva through FlickrFrantz Yvelin’s management of Aigle Azur was a supply of serious controversy, as he was accused by the airline’s board of creating a lot of “strategic errors over the previous two years.” Yvelin ultimately stepped down simply earlier than Aigle Azur was lastly liquidated, however he wasn’t the one controversial determine among the many airline’s high figures.French businessman Gerard Houa, who owned a 20% stake within the airline, reportedly tried to put in himself because the airline’s chief. Houa was unsuccessful, however the energy wrestle solely served to escalate Aigle Azur’s issues at a time when it wanted unified management.Sadly, although Aigle Azur held a lot of helpful slots at Paris Orly Airport, makes an attempt to safe a takeover deal had been unsuccessful. Air France and Transavia have subsequently introduced their very own plans for enlargement into Algeria within the absence of Aigle Azur.