The Board of Directors of SATA Holding is reviewing the recommendation issued by the Jury of the tender for the sale of Azores Airlines, which proposes rejecting the bid submitted by the Newtour/MS Aviation consortium.
The privatisation of Azores Airlines must comply with both EU regulations and the requirements defined in the public tender. These are the criteria that will guide the Board of Directors to reach its decision.
The Board of Directors reiterates its commitment to identifying the best solution for Azores Airlines and to safeguarding the interests of the company and its employees, as well as those of the Region and its communities.
Once this analysis phase is completed, the Board of Directors will submit the matter to the Regional Government of the Azores, requesting guidance on the next steps in the sale process. SATA Holding is prepared to assess and act responsibly under the various scenarios that may arise, always ensuring compliance with its legal obligations and the best interests of the company and the Region.
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