FranceLink

Hundreds out of work after France's second biggest airline collapses

Aigle Azur was second only to Air France when it came to French airlines, but it filed for bankruptcy earlier this month.

La rédaction de Mediapart

This article is freely available.

To support Mediapart subscribe

The second biggest airline in France has closed down after it failed to find new investors, leaving hundreds out of work, reports Sky News.

Aigle Azur had about 1.9 million passengers in 2018, but was forced to file for bankruptcy earlier this month and cancelled all of its flights - leaving thousands of customers stranded.

It mainly operated flights between France and Algeria, but also served routes to China, Russia, Brazil and others in recent years.

Its biggest shareholder was Chinese conglomerate HNA Group, which had a 49% stake.

The closure of the airline was ordered by a French commercial court after no sustainable offers arrived - a ruling that has caused the loss of 1,150 jobs.

Read more of this report from Sky News.