Government sale privatises national airline
On 1 March 2019 the Government of Cabo Verde sold 51% of its stake in Transportadora Aérea 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)
- EIU, Cabo Verde economy: Quick View - Government sale privatises national airline, Mar 19, 2019