Icelandair Group company Loftleidir Icelandic is in the running to acquire 49% of Portuguese carrier SATA Internacional. Earlier this year, aviation firm SATA Group announced plans to divest 49% of its mid- and long-haul arm, SATA Internacional, for a minimum of €3.7 million ($4.5 million). The first phase of that process, where would-be buyers had to express their interest, has now closed. “The only pre-qualified buyer who submitted a statement of interest is Loftleidir ...

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