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Aigle Azur bankruptcy: the French carrier receives purchase proposals

But none of these meets the requirements

Aigle Azur, a French airline with its main operating base at Paris-Orly airport, declared bankruptcy on September 4 (see AVIONEWS). The oldest French airline could be saved only if it had found a buyer by the end of the week: today on September 11, it would have received 14 offers from potential buyers but none of them would satisfy the necessary requirements at the moment.

Jean-Baptiste Djebbari, Undersecretary for Transport, described these proposals as "declarations of intent and partial offers arrived on the table of society".

The main airline Air France could be the most quoted for the possible rescue of the 1150 employees of Aigle Azur, .

With the books in court, the carrier is unable to continue any of its activities, nor to compensate the customers nor to ensure the repatriation of the 13,000 passengers left at ground.

RC3 - 1224254

AVIONEWS - World Aeronautical Press Agency