US EditionAbra and SKY Airline Announce Preliminary Agreement for Chilean Carrier to Join the Abra Group
- Abra and SKY Airline announced a request for regulatory approval for SKY to join Abra Group, a leading air transport group in Latin America.
- The agreement is subject to regulatory approval and other closing conditions while both companies will operate independently during the process.
- Upon closing, Abra will own SKY, transitioning current majority shareholders of SKY to minority shareholders of Abra.
- If approved, SKY will join a group with over 300 aircraft, connecting over 140 destinations in more than 25 countries.
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Abra and SKY Airline Announce Preliminary Agreement for Chilean Carrier to Join the Abra Group
Abra currently includes operating companies Avianca and Gol, as well as a strategic investment in Wamos Air. The Group spans 140 destinations in more than 25 countries, with a fleet of 300 aircraft, nearly 30,000 employees, and more than 70…
The negotiations between Grupo Abra (owner of Gol and Avianca and with strategic participation in Wamos Air) and Chilean Sky Airline found a meeting point. The firms announced Monday a “principle of agreement” for the airline linked to the Paulmann Mast family to join the multinational. This agreement is framed in an issue of a Sky Airline bond for $70 million, in September 2021, which was acquired by Abra Group through the Andes Limited society…
Avianca and Gol owner closes in on SKY Airline acquisition
Avianca and Gol owner Abra Group is close to acquiring a majority stake in Chilean carrier SKY Airline after submitting documentation to competition authorities requesting regulatory approval. On November 10, 2025, Abra Group said it had reached an agreement-in-principle with SKY to conclude the deal and formally welcome the carrier into its airline family. Once final documentation and closing conditions are signed the current majority shareho…
The operation, subject to regulatory approval and completion of the final documentation, will allow both parties to operate independently. ...
Abra and SKY Airline presented to competition authorities a principle of agreement to incorporate the Chilean airline into Grupo Abra, one of the most relevant air conglomerates in Latin America. The understanding is subject to regulatory approval, the signature of the definitive documentation and the fulfilment of previous conditions. Grupo Abra [...]
The ownership of Sky will be consolidated under the Group, and the current majority shareholders of the Chilean company will become a percentage of the ownership of Abra
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