Within the framework of the measures provided for in the Restructuring Plan of the SATA Group, approved on June 7 2022, through the decision of the European Commission, SATA Holding S.A., acting as SATA International – Azores Airlines, S.A.’s holding company, announces the launch of the INTERNACIONAL PUBLIC TENDER NO. SATA-01/2023.
The scope of the public tender is the sale of shares representing, at least, 51% and up to 85% of the share capital of SATA Internacional – Azores Airlines, S.A. Specifications may be downloaded at the ACINGOV platform, upon registration at https://www.acingov.pt.
Specifications are also available for consultation at SATA Holding, S.A.’s registered office, located at Rua Dr José Bruno Tavares Carreiro, no. 6, 9th floor, 9500-769 Ponta Delgada, from 9 AM to 3 PM (GMT-1). National and foreign entities may participate in this public tender, either individually or as a grouping, provided that they fulfil the minimum requirements of financial capacity as set out in Schedule 1 of the specifications referred to above.
The deadline for submission of tenders expires at 12 PM (GMT-1) on June 20, 2023, corresponding to the 90th day from the date that the public tender notice was sent for publication in the Official Journal of the European Union. Tenders will be opened in a public ceremony, to be held at SATA Holding, S.A.’s registered office, located at Rua Dr José Bruno Tavares Carreiro, no. 6, 9th floor, 9500-769 Ponta Delgada, at 1 PM (GMT-1) of June 20, 2023.