Tag: Aigle Azur

Aigle Azur Fails to Secure Buyers: Airline to Be Liquidated

Reading Time: < 1 minute The fate of Aigle Azur, the second largest carrier in France, is decided. After a French commercial court came to the conclusion that any of the rescue offers were suitable to recover Aigle Azur, the airline was put into liquidation. The airline was placed in receivership in the beginning of September following the growing financial […]

French Aigle Azur Set to File for Bankruptcy

Reading Time: < 1 minute Aigle Azur, the French airline founded 73 years ago, is about to file for bankruptcy. The airline has been placed in receivership and is open to offers from buyers. Even though the airline has entered severe turbulence, operations will continue. Reportedly, such an outcome has followed a dispute with one of shareholders who attempted to […]