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.
Observador
