Avianca owner about to close her purchase of a “jewel”

The Abra Group, made up of Avianca and Gol, has notified the European National Commission for Markets and Competition (CNMC) of its acquisition of Wamos, in order to finalize and complete its integration.

The Commission has one month to carry out an analysis of the operation and issue its opinion. The negotiation between the parties is based on compliance with European Union regulations regarding air services, ownership and control of airlines, and the execution is conditional, among others, on the approvals of the competent jurisdictions, as stated in the document. Preferential.

Abra seeks to improve connectivity between Latin America and Europe for Wamos. The agreement provides for Wamos Air to maintain its leadership team, operating independently under its current business model.

As reported by REPORTUR.cowith this alliance, the possibility of improving connectivity between Latin America and Europe will be opened thanks to the potential increase in coverage and operation of the Group’s widebody fleet. (Abra Group: strategic investment in Wamos, leader in wet leasing).

“We celebrate the signing of this agreement for multiple reasons. First, because Wamos Air is a jewel in the world of aircraft leasing and has global experience operating in multiple markets. Second, because its business model perfectly complements Abra’s vision and strategy of being leaders in air transport in Latin America. And third, because this alliance will allow us to increase our participation with wide-body aircraft in other countries beyond Colombia,” said Adrian Neuhauser, CEO of the Abra Group.