Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) have received a firm offer from Intro Aviation of Germany to acquire CityJet (Dublin) and VLM Airlines for an undisclosed amount. The sale is expected to be completed in the first quarter of 2014. CityJet is expected to continue to fly for Air France.
The group issued this short statement:
On December 19, 2013, Air France-KLM received a firm offer from Intro Aviation GmbH to purchase CityJet and its subsidiary, VLM.
This offer provides for an ongoing commercial co-operation with Air France as part of a new industrial plan.
Employee representative bodies of the various entities will be informed and consulted.
The transaction is expected to close in the first quarter of 2014.
Copyright Photo: Keith Burton/AirlinersGallery.com. CityJet’s BAe RJ85 EI-RJJ (msn E2347) climbs away from the runway at Southend.
CityJet’s routes from London City Airport: