SATA: Jury rejects Carlos Tavares consortium's proposal

Wednesday, 28 January 2026RSS
SATA: Jury rejects Carlos Tavares consortium's proposal

The privatisation jury for Azores Airlines has recommended rejecting the Atlantic Connect Group's sole admitted bid — an offer of €17 million for 85% of Azores Airlines' share capital — on the grounds that it does not safeguard the interests of SATA and the Azores region. SATA said it is analysing the panel's recommendation.

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