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6-Feb-2013 3:22 PM

Air France to shortlist two preferred bidders for CityJet by end of Mar-2013: report

Air France reportedly aims to shortlist two preferred bidders for CityJet by the end of Mar-2013, according to a report from The Irish Times. 10 groups have reportedly shown an interest in the airline after Air France appointed Key Capital last year to advise on potential investors for its subsidiary. Six of these were subsequently given access to CityJet’s future business plan, including its aircraft fleet, its network out of London City airport, its wet-lease operations for Air France and its charter business.  The offers are for the entire business, including the CityJet name. Air France spokeswoman Brigitte Barrand said: “The Air France KLM Group is studying different options for CityJet as indicated in the past".

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