Abra Group eyes 98% takeover of Chile’s SKY Airline with up to $70M investment
Abra Group, the holding company that owns Avianca, GOL Linhas Aéreas Inteligentes, Wamos Air and NG Servicios Aéreos, is proposing to invest up to $70 million to acquire a 98% stake in Chile’s SKY Airline. The proposed investment would amount to a near-total takeover of SKY.