RIO DE JANEIRO, BRAZIL - "We have decided to sell the company to a new international group that has found an opportunity to integrate Amaszonas into its business growth plan in Latin America," the company's CEO Sergio de Urioste said in a statement.
De Urioste stated that the initial and main task "will be financial restructuring, adjusting debts and gradually resuming the company's operations."
Although initially the executive did not provide details on the company interested in the purchase, it was later announced that a Brazilian company, Nella Airlines, will acquire 100% of the company's shares, according to . . .
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