Airline

CityJet received cash injection immediately prior to sale

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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 ...

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