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Home › US-Brazilian airline founder wins bid for Portuguese carrier

 

US-Brazilian airline founder wins bid for Portuguese carrier

2015-06-11 18:21:22| Airlines - Topix.net

A Portuguese official says a consortium including the U.S-Brazilian founder of two airlines has won the bidding to buy TAP Portugal, the heavily-indebted national airline. Treasury Secretary Isabel Castelo Branco announced Thursday that David Neeleman's Gateway consortium will pay 354 million euros for a 61 percent stake.

Tags: bid carrier airline wins

Category:Transportation and Logistics

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