Saturday, May 18, 2024
LATAM Airlines Group to sell stake in Mas Air

LATAM Airlines Group to sell stake in Mas Air

LATAM Airlines Group has reached a preliminary agreement to sell its stake of Mexican cargo airline, Aerotransportes Mas de Carga (Mas Air).

It will be sold to a group led by current shareholders of the company, and the transaction is expected to be completed in August.

LATAM says the transaction amount is not considered material for LATAM Airlines Group.

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