History
Formed as Star Airlines (abrreviation for Société de Transport Aérien Régional) in 1995 by Cédric Pastour, the airline was previously owned by Transat A.T., before being sold to and taken over by XL Leisure Group. On 23 November 2006 the airline changed its name to XL Airways France. The owning group went bankrupt on 12 September 2008, but the airline was saved as it was acquired by Straumur-Burdaras Investment Bank on the same day, along with its German sister company XL Airways Germany. In November 2012, the airline was sold to X-Air Aviation, a subsidiary of Swiss-US investment group BeachSide Capital.
Read more about this topic: XL Airways France
Famous quotes containing the word history:
“The only history is a mere question of one’s struggle inside oneself. But that is the joy of it. One need neither discover Americas nor conquer nations, and yet one has as great a work as Columbus or Alexander, to do.”
—D.H. (David Herbert)
“If man is reduced to being nothing but a character in history, he has no other choice but to subside into the sound and fury of a completely irrational history or to endow history with the form of human reason.”
—Albert Camus (1913–1960)
“History has neither the venerableness of antiquity, nor the freshness of the modern. It does as if it would go to the beginning of things, which natural history might with reason assume to do; but consider the Universal History, and then tell us,—when did burdock and plantain sprout first?”
—Henry David Thoreau (1817–1862)