Avianca, TACA Unveil Merger Plan

Avianca, TACA Unveil Merger Plan

Oct 7, 2009


Darren Shannon darren_shannon at aviationweek.com
Colombian carrier Avianca and El Salvador-based airline group TACA intend to merge.
Under a plan revealed today, the two privately held companies initially will remain separate entities, with Avianca's owner Synergy taking a two-third stake in the new parent company. TACA's shareholders will hold the remaining third.

(More):
http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=comm&...

By sloopskipper on Oct 13, 2009, 09:46 in Friendly Talkzone.

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