Jota is operating Avro RJ85 G-JOTR (msn E2294) on behalf of Air France‘s regional subsidiary, Hop!. She positioned to Toulouse in the early hours of 1 August, then entered service on the morning roundtrip to Lyon (A5 4211/4212). In addition to Lyon, she has also flown services to Nice and […]
Air France-KLM announced that it has accepted Intro Aviation’s offer to buy CityJet and VLM. Intro Aviation made a firm offer to Air France-KLM for CityJet and VLM just before Christmas 2013. The deal was signed on 28 March, and the sale should be formally completed in April. CityJet will continue […]
The Irish Independent is reporting that the sale of CityJet to Intro Aviation should be completed “within a couple of weeks.” Intro made a firm offer to Air France-KLM for CityJet and VLM just before Christmas 2013. CityJet operates 22 Avro RJ85s.
Air France has reached an agreement to sell its CityJet subsidiary to Intro Aviation. Under the agreement, which is expected to close in the first quarter of 2014, Intro will pay an undisclosed sum to take over CityJet, as well as its subsidiary VLM. Cooperation with Air France would continue. Although details of what […]
Irish newspaper The Independent reports that Air France‘s negotiations with Intro Aviation for its CityJet subsidiary, which had apparently stalled a few months ago, have resumed. The paper reports that Air France’s may have agreed to pay off CityJet’s debts in an effort to break the impasse. CityJet has been losing money since 2007; in […]
French newspaper Le Figaro reports that Intro Aviation’s period of exclusivity to buy Air France‘s CityJet subsidiary has lapsed without an agreement being reached. Talks are continuing, but other potential buyers may now also make offers.
Bloomberg is reporting that Air France KLM has selected Germany’s Intro Aviation as the preferred bidder for its CityJet subsidiary. Ireland’s ASL Aviation had been the other main candidate. Intro Aviation has previously invested in several airlines in the past, including Deutsche BA and LTU, and currently controls Austrian regional airline Intersky. It was […]
The Irish Times reports that Air France KLM has shortlisted Ireland’s ASL Aviation and Germany’s Intro Aviation as bidders for its CityJet subsidiary. ASL Aviation had previously agreed to take over BAe 146QT operators TNT Airways and Pan Air Líneas Aéreas from TNT Express, but the deal fell through when UPS […]
Air France KLM has received expressions of interest in its wholly owned subsidiary CityJet from over 20 parties, and is understood to have shortlisted four or five for further negotiations. Air France is considering a number of options for the Irish airline, up to a complete sale. CityJet operates 22 […]
Air France KLM is seeking investors for its wholly owned subsidiary CityJet, which operates 22 Avro RJ85s. Depending on the offer, Air France could sell a partial stake in the Irish airline or sell it outright. “CityJet is studying different options with new investors,” said CityJet CEO Christine Ourmieres. “We […]