France's cash-strapped Aigle Azur to cancel all flights

[ad_1] Aigle Azur, which was placed in receivership on Monday, will stop flying on Friday night France’s second-largest airline Aigle Azur, which went into receivership this week, plans to cancel all flights starting Friday night as it seeks a takeover bid to save the company, according to an internal document seen by AFP on Thursday. […]

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 […]