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FRENCH AIRLINES STRUGGLES TO SURVIVE

PARIS, AOM, Air Liberte e Air Littoral, the three french carriers owned by SAirGroup, said they are to announce restructuring plans to attempt avoiding bankrupt and dismissal of 7000 employees. The three airlines, which accumulated net losses of $412 million, contributed to the crisis of SAirGroup.

AVIONEWS - World Aeronautical Press Agency - 10674
Rome, Italy, 04/05/2001 16:09
AVIONEWS - World Aeronautical Press Agency

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