Deal Snapshot
Principal Shareholders of Avianca, Controlling Shareholder of GOL to Create Abra Group
Thursday 12 May 2022

The principal shareholders of Colombian airline Avianca and the controlling shareholder of Brazil's GOL have signed a landmark agreement to create a leading air transportation group across Latin America under a holding company structure named Abra Group Ltd, the companies said.

Subject to customary regulatory approvals and closing conditions, the Abra Group will control Avianca and GOL and bring together their brands under a single holding.

Date Published: 12/05/2022