14 bids emerge for stricken French airline, but none 'feasible'

[ad_1] Aigle Azur employees rallied outside the French Transport Ministry in Paris on Monday, urging the government to help safeguard their jobs France’s Aigle Azur airline has received 14 takeover bids as it seeks to stave off a collapse that would put its 1,150 employees out of work, but it said all would have to […]

Air France offers to snap up French airline as thousands stranded

[ad_1] Aigle Zur, which employs almost 1,200 staff, filed for bankruptcy and suspended flights last week French flag carrier Air France on Monday offered to snap up its much smaller rival Aigle Azur after the airline’s collapse stranded thousands of passengers mainly booked on flights to and from Algeria. Aigle Zur, which employs almost 1,200 […]

French airline Aigle Azur to seek bankruptcy protection

[ad_1] Aigle Azur will be able to continue operations, at least temporarily, if it is granted bankruptcy protection France’s second-largest airline Aigle Azur plans to file for bankruptcy protection Monday and will seek a buyer after years of losing millions of euros, members of the company’s works council said. The move comes after a shareholder […]

Some Apple laptops banned from airline flights for fire risk

[ad_1] Credit: CC0 Public Domain Federal safety officials have banned some Apple laptops from airline flights after Apple recalled the batteries because they could catch fire. The Federal Aviation Administration said in a statement Wednesday that it alerted airlines last month about the recall involving batteries for some Apple MacBook Pro laptops. Under FAA policy, […]

Rising fuel costs crimp profits at IAG airline group

[ad_1] Shares in IAG rose after the airline group reported results that showed it is holding up well despite intense competition in the industry Rising effective fuel costs helped push operating profits lower at British Airways parent company IAG in the first half of the year, although the group managed to increase revenue from passengers […]