AirFrance interested in collapsed AigleAzur

AigleAzur ceased all operations last night (6 September), but has been told that AirFrance is interested in taking on the airline and operating it as an ongoing business.

There is little wiggle room for AirFrance to take up operations. A divided ownership and board have been the root cause of the problems at the airline and it seems unlikely they will miraculously agree to a sale – unless forced by the administrators.

Failure to agree on a way forward when it would have prevented operations closing down suggests it’s unlikely the airline is going to be rescued willingly.