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Azores Airlines privatisation attracts 8 potential bidders
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Azores Airlines privatisation attracts 8 potential bidders
Eight investors have expressed interest in acquiring a majority stake in Azores Airlines (S4, Ponta Delgada), the carrier's Azorean government-owned parent Grupo SATA said in an update on the privatisation process. Interested bidders had until September 6 to file documents outlining their offers, also signalling their financial capacity and compliance, in order to enter the process to acquire at least 75% of the airline. SATA did not disclose t…
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