French Carrier Aigle Azur Files for Bankruptcy

French carrier Aigle Azur has filed for bankruptcy following some turbulent months of financial difficulties and problems at the corporate level. The airline will continue flying under a period of observation, which the airline says shouldn’t affect its short term operations. Problems at the Paris-based carrier's boardroom arose after its president Frantz Yvelin was evicted on August 26 by French businessman Gerard Houard who owns 20 percent of the airline, citing a need for strategic realignment. The move was blocked…