Article: BA finds French partner for pounds 78m Air Liberte bid

British Airways last night tabled a fresh bid for the bankrupt French regional airline Air Liberte, this time in partnership with the Paris- based Groupe Rivaud.

BA and its French partner are offering to invest pounds 78m in Air Liberte, of which pounds 55m would come from BA giving it a majority 70 per cent holding.

The airline, which filed for banruptcy protection last month, is the subject of a rival bid from another carrier, AOR, which is owned by Credit Lyonnais. Richard Branson's Virgin Atlantic ...

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