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AVH - Avianca Holdings SA News Story

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Last Trade - 08/05/20

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £2.51bn
Position in Universe th / 6846

Brazil's Azul signs $105m non-binding agreement to buy Avianca Brasil assets - filing

Mon 11th March, 2019 11:23am
SAO PAULO, March 11 (Reuters) - Brazilian airline Azul SA
 AZUL.N  has signed a non-binding agreement worth $105 million
to buy certain assets of rival carrier Avianca Brasil, which is
operating under bankruptcy court projection, according to a
securities filing on Monday.
    Azul said the agreement involves 70 pairs of airport slots
and Avianca's certification as an airline operator in Brazil.

 (Reporting by Ana Mano
Editing by Chizu Nomiyama)
 ((ana.mano@thomsonreuters.com; Tel: +55-11-5644-7704; Mob:
+55-119-4470-4529; Reuters Messaging:
ana.mano.thomsonreuters.com@reuters.net))
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