What Happened
Group CEO Expects New Owner To Be Announced Before 2027
The CEO of SATA Air Azores Group, Tiago Santos, is optimistic that the privatization process for Azores Airlines will be completed by the end of the year. The airline’s parent company is currently undergoing two privatization processes, and Santos believes that a new owner will be announced before 2027. This development could have significant implications for the European air transport market, as Azores Airlines is a key player in the region. According to Aviation Week, the sale of the airline is expected to be finalized by year-end.