Sources from Air Nostrum confirmed to ValenciaPlaza.com that the airline hired advisors – Seabury – who are working on a “capital reorganisation”. According to this information, the most interesting option would be to find an investor to whom they can sell the airline by 100%.Air Nostrum is currently undergoing a deep restructuring process after several years making loses. The Valencia based airline has significantly reduced activity. In fact they had lost passengers by 17.93% in August this year, nearly 1 million users with regard to the same period of 2012 and grounded a part of their fleet. These measures came with redundancy and salary cuts.All together would have made the company’s…
Air Nostrum main share holders to sell the airline Airlines
