Cabo Verde Airlines: the State undertakes to inject 25 million euros before its reprivatisation

Since its renationalisation on 6 July 2021, Cabo Verde Airlines(Transportes Aeros de Cabo Verde - TACV), the Cape Verdean airline, has survived only thanks to multiple financial infusions from the State. Still in deficit and in debt, it will remain under state bailout until its new privatisation.

Source: newsaero