The offer from the group’s Air France unit was among 14 bids submitted for privately-held Aigle Azur, which was placed was placed under bankruptcy protection on Sept. 2., ahead of a midday deadline, an official with the CFDT union told Reuters. “Today is not about money, it’s about dignity,” said Jean-Francois Martin, president of the CGT union. Paris Orly airport and expand services on its main routes to Algeria and Lebanon, sources with knowledge of the offer told Reuters. Officials first turned to Air France-KLM after Aigle Azur sought government help in April, according to financial daily Les Echos, and the group’s interest was piqued after rival Vueling discussed buying Orly slots from the struggling carrier.
The offer from the group’s Air France unit was among 14 bids submitted for privately-held Aigle Azur, which was placed was placed under bankruptcy protection on Sept. 2., ahead of a midday deadline, an official with the CFDT union told Reuters.Air France is seeking to acquire Aigle Azur’s valuable take-off and landing slots at Paris Orly airport and expand services on its main routes to Algeria and Lebanon, sources with knowledge of the offer told Reuters.Officials first turned to Air France-KLM after Aigle Azur sought government help in April, according to financial daily Les Echos, and the group’s interest was piqued after rival Vueling discussed buying Orly slots from the struggling carrier.