French court examines last 2 Aigle Azur offers

A French commercial court is considering the 2 remaining offers for all or part of Aigle Azur’s assets after EasyJet dropped out of the running as a liquidation deadline looms. Two rescue offers for the carrier—which went into receivership earlier this month—remain on the table, a union source Tuesday, with a decision due by Sept 27. If the court deems neither offer suitable, the airline will be liquidated. Lionel Guerin, the former head of Air France unit HOP, is behind one of the rescue plans still being considered, while the other is led by Gerard Houa and his holding Lu Azur, which owns 20% of Aigle Azur and was at the centre of a failed shareholder coup that took place just before the airline went into receivership. <br/>