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Air Lib still at bankruptcy risk

Paris, France - New investors wanted

"Air Lib restructuring plan will ask for tens million euros and Corbet (the ex pilot who took over the airline last August, editor's note) must look for investors". With these words a government spokesman clearly showed what is the ex Swissair subsidiary financial situation. According to a recent audit, Air Lib could survive without new resources up to next December, but afterwards bankruptcy would...

AVIONEWS - World Aeronautical Press Agency - 32374

AVIONEWS - World Aeronautical Press Agency
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