industry acquisitions

Peruvian Airlines Claims to Have Found Investor to Refloat Airline

Last week, domestic carrier Peruvian Airlines presumedly suspended operations following turbulent months of financial difficulties and discrepancies over tax values paid for two aircraft, which led to Peruvian authorities temporarily freezing the airline’s bank accounts. Last night, however, the airline announced it was able to secure funding after a group of investors bought the airline, […]

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