“[O Conselho de Governo] decided not to proceed with the privatization process of Azores Airlines due to the significant change in the economic and financial conditions taken into account in the company’s initial assessment. The current privatization process of Azores Airlines is thus cancelled”, announced today the vice-president of the Regional Government of the Azores (PSD/CDS-PP/PPM), Artur Lima.
The governor was speaking in Angra do Heroísmo, on the island of Terceira, reading the statement from the Government Council, meeting today, via videoconference.
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Tags: Government Azores cancels Azores Airlines competition launches