Atlantic Airways, the national airline of the Faroe Islands, will re-acquire the 33% of its shares that were sold to the public in 2006. As the Faroese government owns the rest of the shares, the move will effectively mean the renationalization of the small carrier. The Faroes are an archipelago in the North Atlantic, approximately halfway between Iceland and the northern coast of the UK. The island group is a Danish possession, although it has wide-ranging autonomy in governmental ...

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