Tuesday, August 19, 2008

Air Inter will continue to be an independent carrier

Year1995:
Air Inter posted a net profit of Fr21 million ($4 million) for 1994, marking a turnaround from the Fr185 million loss forecast a year ago.

Within the next three years, Air Inter expects to lose one-third of its domestic traffic, but hopes to compensate through new routes to Spain, Portugal and North Africa.
Air Inter is 72% owned by the French flag carrier, Air France argues that it will continue to be operated as an independent carrier.


Year1997:
On April 1, 1997 it was absorbed into Air France. On that day Air Inter ceased to exist as a legal entity.

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