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XL Leisure Group
The XL Leisure Group (XLLG) was a major tour operating company in the UK, consisting of charter and scheduled airlines, holiday companies and flight-only tour operators. It also had operations in France, Germany, Ireland, Australia and Cyprus. The group's UK companies were placed into administration on 12 September 2008. History The company began as Excel Airways Group. It was bought by the Icelandic Avion Group in November 2004, previously being owned by the Icelandic Flugfelagid Atlanta HF. In October 2006, there was a $450m management buyout of the company, although the Avion Group retained 49% of the company. It became XL Leisure Group on 22 December 2006. The French subsidiary, XL Airways France, used to be Star Airlines, while the German subsidiary XL Airways Germany began as Star Europe. At its height, it flew from 12 UK airports. The Irish airline began in May 2006. Administration XL Leisure Group confirmed on their website that 11 companies associated with the group ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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John F
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died ), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (died ), one of the twelve apostles of Jesus Christ * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ...
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Louisville, Kentucky
Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city in the United States. By land area, it is the country's List of United States cities by area, 24th-largest city; however, by population density, it is the 265th most dense city. Louisville is the historical county seat and, since 2003, the nominal seat of Jefferson County, Kentucky, Jefferson County, on the Indiana border. Since 2003, Louisville and Jefferson County have shared the same borders following a consolidated city-county, city-county merger. The consolidated government is officially called the Louisville/Jefferson County Metro Government, commonly known as Louisville Metro. The term "Jefferson County" is still used in some contexts, especially for Louisville neighborhoods#Incorporated places, incorporated cities outside the "Lou ...
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Cincinnati/Northern Kentucky International Airport
Cincinnati/Northern Kentucky International Airport is a public international airport located in Boone County, Kentucky, United States, around the community of Hebron. The airport serves the Cincinnati tri-state area. The airport's code, CVG, is derived from the nearest city at the time of the airport's opening, Covington, Kentucky. The airport covers an area of . Effective April 17, 2025. It is included in the Federal Aviation Administration (FAA) National Plan of Integrated Airport Systems for 2023–2027, in which it is categorized as a medium-hub primary commercial service facility. Cincinnati/Northern Kentucky International Airport offers nonstop passenger service to over 50 destinations in North America and Europe, handling numerous domestic and international cargo flights every day. The airport is a cargo global hub for Amazon Air, Atlas Air, ABX Air, Kalitta Air, and DHL Aviation. The airport is currently the 6th busiest airport in the United States by cargo traffi ...
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Xtra Airways
Avelo Airlines, Inc. () is an American ultra-low cost airline headquartered in Houston, Texas. It previously operated charter flights as ''Casino Express Airlines'' and ''Xtra Airways'' before transitioning to scheduled operations and rebranding as Avelo Airlines on April 8, 2021. The airline's first scheduled flight under the Avelo name was on April 28, 2021, from Hollywood Burbank Airport to Charles M. Schulz–Sonoma County Airport. History Casino Express Airlines Established on July 20, 1987, as ''Casino Express Airlines'', the air carrier began operations in 1989 using Boeing 737-200 jetliners flying exclusively for the Red Lion Hotel and Casino in Elko, Nevada. Casino Express operated 737 jet service from Elko Regional Airport non-stop to many cities in the US. In 1994, Casino Express was operating scheduled weekend only flights non-stop between Elko (EKO) and Portland, Oregon, (PDX) and Seattle (SEA) with McDonnell Douglas MD-80 jetliners. For a short time ...
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Airbus
Airbus SE ( ; ; ; ) is a Pan-European aerospace corporation. The company's primary business is the design and manufacturing of commercial aircraft but it also has separate Airbus Defence and Space, defence and space and Airbus Helicopters, helicopter divisions. Airbus has long been the world's leading helicopter manufacturer and, in 2019, also emerged as the world's biggest manufacturer of airliners. The company was incorporated as the European Aeronautic Defence and Space Company (EADS) in the year 2000 through the merger of the French Aérospatiale-Matra, the German DASA and Spanish EADS CASA, CASA. The new entity subsequently acquired full ownership of its subsidiary, ''Airbus Industrie GIE'', a joint venture of European aerospace companies originally incorporated in 1970 to develop and produce Airbus A300, a wide-body aircraft to compete with American-built airliners. EADS rebranded itself as ''Airbus SE'' in 2015. Reflecting its multinational origin, the company operates ...
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Boeing
The Boeing Company, or simply Boeing (), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia. The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $62.3billion in sales. ...
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Virgin Holidays
Virgin Holidays Limited, trading as Virgin Atlantic Holidays, is a company within the Virgin Group that offers holidays worldwide with destinations including the US and Canada, the Caribbean, Africa, the Middle East, the Indian Ocean and the Far East. In addition, the company has an established ski program and a specialist cruise division called "Virgin Holidays Cruises". The company was formed in 1985, a year after the successful launch of Virgin Atlantic in June 1984. Initially selling seats on Virgin Atlantic routes to New York City, Miami and Orlando the company has grown to become one of the largest and most successful long-haul scheduled tour operators in the UK. Due to the COVID-19 outbreak in 2020, it was announced on 5 May 2020 that Virgin Holidays would be rebranded as Virgin Atlantic Holidays. The full rebrand took place in 2022. Operations Virgin Holidays' headquarters are in Crawley, England. Seven other offices are located in Canada and the United States. In Sep ...
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Travel City Direct Boeing 747-312 By Paul Spijkers
Travel is the movement of people between distant geographical locations. Travel can be done by foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without luggage, and can be one way or round trip. Travel can also include relatively short stays between successive movements, as in the case of tourism. Etymology The origin of the word "travel" is most likely lost to history. The term "travel" may originate from the Old French word ''travail'', which means 'work'. According to the Merriam-Webster dictionary, the first known use of the word ''travel'' was in the 14th century. It also states that the word comes from Middle English , (which means to torment, labor, strive, journey) and earlier from Old French (which means to work strenuously, toil). In English, people still occasionally use the words , which means struggle. According to Simon Winchester in his book ''The Best Travelers' Tales (2004)'', the words ''travel'' and ''travail'' both ...
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West Ham United F
West is one of the four cardinal directions or points of the compass. It is the opposite direction from east and is the direction in which the Sunset, Sun sets on the Earth. Etymology The word "west" is a Germanic languages, Germanic word passed into some Romance languages (''ouest'' in French, ''oest'' in Catalan, ''ovest'' in Italian, ''vest'' in Romanian, ''oeste'' in Spanish and Portuguese). As in other languages, the word formation stems from the fact that west is the direction of the setting sun in the evening: 'west' derives from the Indo-European root ''*wes'' reduced from ''*wes-pero'' 'evening, night', cognate with Ancient Greek ἕσπερος Hesperus, hesperos 'evening; evening star; western' and Latin vesper 'evening; west'. Examples of the same formation in other languages include Latin Occident, occidens 'west' from occidō 'to go down, to set' and Hebrew מַעֲרָב (maarav) 'west' from עֶרֶב (erev) 'evening'. West is sometimes abbreviated as W. Naviga ...
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Insolvent
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A company tha ...
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