Portugal to sell 39% stake in its ailing flag carrier

Article Abstract:

The government of Portugal will sell off a minority share of TAP Air Portugal to SAirGroup. The government will sell 39% of TAP for 31 billion escudos (154.6 million euros).

Transportes Aeros Portugueses EP

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SAir Group agrees to buy 42% stake in Portugalia

Article Abstract:

SAir Group announced that it has reached an agreement to acquire a minority share of 42% in Portugalia, a regional airline operating in Portugal. The deal increases SAir Group's presence in the Iberian Peninsula. SAir is the parent company of Swissair. The deal is also part of a larger purchase of an 80% share with other companies based in Portugal. It is believed that the operation in its entirety is worth 160 million Swiss francs (99.7 million euros).

Comment:

SAir Group to acquire minority share of 42% in Portugalia

Portugalia Airlines

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Poland, SAir, sign airline deal

Article Abstract:

A 10% share of LOT, the national airline of Poland, has been acquired by SAirGroup for $33.7 million (32.4 million euros). Swiss-based SAirGroup has also agreed to implement a market capitalization of $150 million of LOT. This will increase its share in LOT to 37.6%.

Poland, LOT Polish Airlines

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