IAG’s Paris Orly-based long-haul budget unit, Level France, is to cease operations after seeing demand for its transatlantic services plummet.
The airline began in 2006 and was formerly known as OpenSkies before being rebranded as Level France in 2018.
“In light of the impact of the Covid-19 pandemic and the expectation that passenger demand will not return to 2019 levels until 2023 at the earliest, OpenSkies is formally notifying its works council about a proposed cessation of operations and the development of an employment safeguard plan,” says Level France in a statement.
The carrier adds that it has faced “challenging circumstances since its creation”, and has been further impacted by the “unprecedented crisis” caused by Covid-19.
Consultations with employee representatives will begin on 15 July.
“This process has nothing to do with Level operations in Barcelona, which are unaffected,” says IAG.
Cirium fleets data shows that Level France has a fleet of three Airbus A330-200s. Two of the aircraft are owned by Iberia and one is leased from Hong Kong-based China Aircraft Leasing (CALC).