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SAIRGROUP WARNS ITS FRENCH CARRIERS

PARIS, Marc Rochet, new chief executive of the three french SAirGroup's subsidiaries, AOM, Air Liberté and Air Littoral, said in a letter to employees that "the truth forces me to tell you that I do not know today whether this company can survive". The three airlines last year reported losses for $348 million. Rochet added that he will give management time to find new ways to "contain this financial...

AVIONEWS - World Aeronautical Press Agency - 8515
Rome, Italy, 02/21/2001 14:09
AVIONEWS - World Aeronautical Press Agency

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