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Portugal gets bids from 3 bidders for struggling flag carrier

Portugal gets bids from 3 bidders for struggling flag carrier

LISBON: Portugal’s government has received three bids for the struggling state-owned flag carrier TAP in its second attempt to privatise the heavily indebted airline since 2012. Transport Secretary Sergio. Transport Secretary Sergio Monteiro would not disclose the names of investors or institutions that made the offers, but sources close to the process told Reuters two Brazil-based aviation tycoons and One of the interested parties was Brazilian-American businessman David Neeleman, the founder of US airline JetBlue and CEO of Azul Brazilian Airlines, a source said. “Brazilian-Colombian investor German.

Efromovich controls Latin America’s Avianca via his holding Synergy and had made a bid for TAP in 2012. That was rejected at the time because of a problem with financial guarantees. TAP operates a fleet Efromovich controls Latin America’s Avianca via his holding Synergy and had made a bid for TAP in 2012. That was rejected at the time because of a problem with financial guarantees.