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Mar 01, 2019

Government sale privatises national airline

On 1 March 2019 the Government of Cabo Verde sold 51% of its stake in Transportadora AĆ©rea Cabo-verdiana (TACV), the national airline, to Loftleidir Cape Verde (a subsidiary of Icelandair Group), which had been managing the restructuring process of the national airline since 2017.

Type: Entry and establishment (Ownership and control)

Industry: Services (Transportation and storage)