Troubled French leisure carrier Aigle Azur is to start suspending scheduled services as it seeks investors.

The decision follows the carrier's being placed in receivership on 2 September.

Aigle Azure says it has "entered a period of active searching for buyers" and that it has "no choice" but to begin cutting back flights.

It is halting its scheduled operations to destinations in Mali, Brazil and Portugal from 5 September. The airline serves cities including Bamako and Sao Paulo.

The airline adds that sales for flights from 10 September are also suspended.

"[We] wish to offer our sincere apologies to all [our] passengers and partners in this exceptional situation," it states.

Aigle Azur primarily uses a fleet of Airbus A330s and A320s.

Source: FlightGlobal.com