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Air Littoral-Azzurra Air: Montpellier Court studies Ionis offer

Paris, France – After Seven Group did not pay EUR 11m to complete the operation

Air Littoral, the airline under the administration controlled by the State for a debt of EUR 67m, is not to be sold to Seven Group fo form with Azzurra Air a regional European carrier anymore. It was decided by the Montpellier Court after Seven Group did not pay the EUR 11m necessary to complete the operation. The terms were already expired and the French government had expressed serious doubts about...

AVIONEWS - World Aeronautical Press Agency - 56489
Rome, Italy, 12/22/2003 13:05
AVIONEWS - World Aeronautical Press Agency

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