XL Airways France is liquidated after failed to secure financial support.
The commercial court declared the airline would be liquidated, ending its 15 year turbulent history.
Paris-based carrier, had previously suspended all flights until 7 October, have now been permanently cancelled.
XL Airways France filed for Bankruptcy protection on 23 September, seeking time to secure a rescuer., but the hearing hearing at the court on 4 October has ordered to liquidation.
The carrier, that specialized in transatlantic routes from Paris and operated a fleet of Airbus A330s, blames the rival airlines for its demise.
Collapsed XL Airways marks the demise of yet another European carrier in the past few weeks.