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Abra Group to Acquire Majority Stake in Chilean Carrier SKY Airline

November 11, 2025

1 min read

Key Takeaways

Abra Group is close to acquiring a majority stake in SKY Airline.
SKY will maintain its brand, culture, and talent.
Holger Paulmann will continue to serve as Chairman of SKY's Board.
Abra Group aims to strengthen the region's air market with the acquisition.

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Strategic Implications

This acquisition may indicate Abra Group's strategy to expand its presence in Latin America and strengthen its competitive position in the region. The deal could also signal a trend of consolidation in the Latin American airline market, potentially benefiting Abra Group's other investments, such as GOL and Avianca.

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What Happened

Abra Group Expands Latin American Presence with SKY Airline Acquisition

Abra Group, the parent company of GOL and Avianca, is close to acquiring a majority stake in Chilean carrier SKY Airline. The acquisition, if approved, will see SKY maintain its brand, culture, and talent, while Abra Group aims to strengthen the region’s air market. The deal was announced on November 10, 2025, and is subject to regulatory approval. Abra Group employs nearly 30,000 people and carries over 70 million passengers each year.

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