Unsuccessful routes included one from Toulouse to Dakar and London, which were scrapped in a conflict over slot allocations at Orly Airport.
The airline lost 1 billion francs ($181 million) that year, and in 1997 British Airways acquired 70% of the shareholding.
[citation needed] On 5 May 2000, BA sold Air Liberté to a partnership between Taitbout Antibes and Swissair.
[6] On 22 September 2001 the airline was renamed Air Lib[7] But in October, Swissair went bankrupt, unable to make all scheduled payments.
Despite government aid, the airline accumulated debts of €120 million and was forced to declare bankruptcy in August 2002.