CityJet received cash injection immediately prior to sale

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 25, 2014 19:39

CityJet received cash injection immediately prior to sale

It has been revealed that Cityjet received a €41 million cash injection for 41.1 million ordinary shares from Air France Finance, a unit of owner Air France, on the same day Air France-KLM received a firm offer from Intro Aviation to buy the Irish carrier.

The sale of Cityjet to Intro Aviation is poised to complete. Intro Aviation plans to continue to operate Cityjet as an Irish-UK standalone airline and focus on fleet renewal from next year.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 25, 2014 19:39
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fcityjet-received-cash-injection-immediately-prior-to-sale%2F"> registered </a> users can comment.