SATA: Azores authorise €25 million injection into SATA
The approval represents the final tranche of the amount authorised by the European Commission in the SATA restructuring process, which is now taking place due to the 'delay' in the privatisation of Azores Airlines.
European Commission extends deadline for divestment of TAP and SATA assets
On Monday the European Commission extended the deadlines for airlines SATA and TAP to complete the divestment of assets, a condition for the restructuring aid granted by the Government. In a statement, the EU Executive said it had accepted Portugal's request to extend the deadline until 31 December 2026 for the company...
European Commission extends deadline for disposal of TAP and SATA assets
These disposals are conditions for the approval of the restructuring aid granted by Portugal to SATA in June 2022, totalling €453.25 million.
SATA expects to have new X-ray scanners on five Azores islands by mid-month
The screening equipment will facilitate the shipment of fish and other fresh foodstuffs.
