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A Sky Airlines A320neo (CC-AZC) at Arequipa Alfredo Rodriguez Ballon Airport. (Photo: Sky Airlines)

SKY Airlines Plans to Issue $100 Million In Bonds, Go Public In 2024

SKY, the Chilean airline owned by businessman Jürgen Paulmann, will look to the capital markets for an injection of resources that will allow the carrier to continue flying. For this, SKY Airlines plans to launch the issuance of bonds for up to $100 million. According to diariofinanciero, the airline has hired the services of the Brazilian investment bank BTG Pactual, which — although it does not carry out many debt issues — will command the process. It is anticipated that…

LATAM Gradually Restores Passenger Operations

In September, LATAM Airlines Group offered more frequencies to domestic destinations in Chile, Brazil, Peru and Ecuador and restarted the domestic operation in Colombia. On international flights, the novelties were the routes from Sao Paulo to Montevideo, and Santiago to Montevideo, two weekly flights from Santiago to Los Angeles and…

IAG Group Gets Stake of Norwegian Air Shuttle, Prepares Buyout…

In a statement released this morning, IAG Group, the holding company that controls British Airways and Iberia, among other companies, confirmed that it took a major step towards the acquisition of Norwegian Air Shuttle. The statement indicates that the company bought an ownership position of 4.61 percent, which allows IAG…