But no firm offers emerged ahead of a Saturday deadline set by the commercial court of Bobigny, outside Paris. Employees of airline Aigle Azur demonstrating outside the company headquarters after the airline filed for bankruptcy earlier this month. Photo: AFP"Current market conditions no longer permit us to ensure the long-term operation of the company," XL said in a statement. "We didn't see Norwegian coming, with its new planes, and applying a low-cost model for medium-haul flights to long-haul flights," Magnin told the Journal du Dimanche newspaper this month. Aigle operated 11 planes serving mainly Algeria, and had posted years of heavy losses despite transporting around 1.9 million passengers last year.

Source: The Local September 30, 2019 14:26 UTC