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BREAKING NEWS

Easyjet drops out of bidding for bankrupt Aigle Azur

Easyjet drops out of bidding for bankrupt Aigle Azur
An Airbus A320-200 aircraft, operated by EasyJet, lands at Orly Airport near Paris, France, September 6, 2019. REUTERS/Benoit Tessier -
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Benoit Tessier(Reuters)
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PARIS (Reuters) – Easyjet <EZJ.L> has withdrawn from the bidding process for bankrupt French airline Aigle Azur, a spokeswoman for the British low-cost carrier said on Thursday.

The low-cost operator was among 14 bidders for the collapsed airline’s assets after submitting an “expression of interest” for its operations based at Paris Orly airport. Air France-KLM <AIRF.PA> also pulled out on Thursday.

“Easyjet has taken the decision to withdraw from the submission process to acquire parts of Aigle Azur’s operation,” the company spokeswoman said in a statement emailed to Reuters.

The low-cost airline “remains committed to France” and to the 19 routes it currently operates from Orly, she added.

(Reporting by Laurence Frost; Writing by Matthieu Protard)

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