Air France, Easyjet among bidders for collapsed airline Aigle Azur

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Air France-KLM is among 14 companies which placed formal bids on Monday to take over the business of French airline Aigle Azur, which was declared bankrupt earlier this month leaving 13,000 passengers stranded at foreign airports and the future of its 1,200 staff uncertain.

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Shares in Air France-KLM fell sharply on Monday after a French minister named Air France as a bidder for bankrupt carrier Aigle Azur, which left thousands of passengers stranded after abruptly halting operations, reports Reuters.