The investment vehicle that wanted to take over French airline Aigle Azur has submitted a last-minute bid to save low-cost, long-haul carrier XL Airways with a plan to take on two of its four-strong Airbus A330 fleet and around half its staff. XL Airways is the latest French airline in trouble after a court ruled Aigle Azur should be liquidated as of Sept. 27. XL’s CEO Laurent Magnin has blamed tough competition from Norwegian Air Shuttle—as well as the yellow vests crisis in ...

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