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Air France to help Air Afrique

Paris, France - Rescue in change of control

Air France could finance 50% of the bankrupted Air Afrique rescue plan, in change of its control. As stated by the French daily newspaper, Le Monde, Air France, owner of a 11,8% Air Afrique capital share, would prefer a re-newed Air Afrique airline than several new African air carriers. Air Afrique, a 11 african countries joint venture, accumulated EURm 6-8 operative losses and a EURm 510 global...

AVIONEWS - World Aeronautical Press Agency - 23476

AVIONEWS - World Aeronautical Press Agency
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