Saudi Arabia Takes Stake In South American Airline Group

Alan Dron October 22, 2021
Amazon river
Credit: Collart Herve / Sygma / Getty Images
A Saudi industrial and investment conglomerate has taken a $350 million stake in Brazil-based Nella Airlines Group. Nella Airlines Group is in the process of obtaining certification from Brazilian regulator ANAC and is seeking similar permission to operate in Paraguay and Chile. The group has in...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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