Lusa - Business News - Portugal: Azores airlines bidder to go to court over cancellation

STATUTES

GENERAL ASSEMBLY

SECRETARY GENERAL

CONTACTS

MedNEWS

HOME

	MAP - Rabat: conférence sur le rôle des musées en tant qu'espaces dynamiques favorisant l'éducation Rabat-17 mai 2024-(MAP)-Une conférence sous le thème:"les musées pour l'éducation et la recherche" a été organisée, jeudi à Rabat, par le Musée de Bank Al-Maghrib,...
	MAP - SIEL 2024 : Focus sur l’écriture féminine de la diaspora marocaine Rabat -17 mai 2024- (MAP) - Une rencontre sur le thème "Ecrire à l'heure de la révolution féministe et humaniste" s'est tenue, jeudi à Rabat,...
	Lusa - Business News - Portugal: Social security chief tenders resignation Lisbon, May 17, 2024 -The president of Portugal's Social Security Institute (ISS), Ana Vasques, on Friday submitted her resignation to the minister of labour because...
	MAP - L’ambassadeur Amrani rencontre Ajay Banga: ferme volonté de renforcer la coopération entre la Banque mondiale et le Maroc Washington-17 mai 2024-(MAP)- Moins d’un an après avoir organisé avec succès ses Assemblées annuelles à Marrakech, le groupe de la Banque mondiale maintient le Maroc...
	CNA - الغالبية العظمى من المشاركين في استطلاع يعترفون أن نظام الصحة العام قد حسن نوعية حياة المواطنين قال 93% من المشاركين في استطلاع أجراه مركز الأبحاث في جامعة نيقوسيا إن نظام الصحة العام الذي تم تنفيذه في قبرص قبل خمس سنوات قد أدى إلى تحسين نوعية حياة المواطنين. قالت المديرة الإدارية لمركز الأبحاث في جامعة نيقوسيا كريستينا كوكالو لوكالة الأنباء القبرصية، ...
	Lusa - Business News - Portugal: Air traffic control can handle 50 flights/hour over Lisbon - minister Lisbon, May.17,2024(Lusa)- Portugal's minister for infrastructure and housing, Miguel Pinto Luz, said on Friday that NAV Portugal has guaranteed that it has the capacity ...
	CNA - Tourist arrivals in April down 2.7%, up by 1.7% in first quarter Tourist arrivals in Cyprus fell by2.7% in April 2024,totaling 333,563 compared to 342,736 in the same month of2023.However,for the period from January to April 2024,...
	CNA - Cyprus harmonized inflation rate up by 2.1% in April Cyprus experienced a notable uptick in inflation, with the Harmonised Index of Consumer Prices(HICP) rising by2.1% in April2024 compared to the same period last year,...
	Lusa - Business News - Mozambique: Electricity Co. intends to develop line to Malawi Mossuril,Mozambique,May 17,2024(Lusa)-Eletricidade de Moçambique(EDM) plans to complete the power transmission line with Malawi this year as part of its efforts to become a "regional reference",...
	CNA - وزير الهجرة اليوناني يشيد بمبادرة نيقوسيا لحلول الاتحاد الأوروبي بشأن الهجرة قال وزير الهجرة واللجوء في اليونان ديميتريس كيريديس اليوم الجمعة، في القمة الوزارية التي تستضيفها نيقوسيا، إن قبرص ليست وحدها فيما يتعلق بقضية الهجرة، وأن اليونان باعتبارها دولة على خط المواجهة تدعم مبادراتها. ...
	Lusa - Business News - Portugal: Paper manufacturer Navigator posts Q1 profit of €64M, down 11% YoY Lisbon, 16 May 2024(Lusa)- Navigator, Portugal's largest pulp and paper producer, had a net profit of €64.1 million in the first three months of 2024,...
	Lusa - Business News - Portugal: State-owned bank Caixa Geral posts Q1 profit of €394.5M, up 38% YoY Lisbon, May 17,2024 (Lusa) - Portugal's state-owned bank, Caixa Geral de Depósitos (CGD), has announced a net profit of €394.5 million for the first quarter,...
	Lusa - Business News - Mozambique: Journalists covering opposition Renamo congress barred by organiers Maputo, May 17, 2024 (Lusa) - Journalists covering the seventh congress of Mozambique's main opposition party, Renamo, were expelled by some members of the party...
	Lusa - Business News - Portugal: Lisbon stock market opens slightly up; benchmark index rises 0.04% Lisbon, May 17,2024(Lusa)- The Lisbon stock market opened on Friday in positive territory, with the benchmark PSI (Portugal stock index) rising 0.04% to 6,923.44 points....
	CNA - الجيش الأمريكي يعلن بدء تحرك الشاحنات المحملة بالمساعدات الإنسانية إلى شاطئ غزة أعلنت القيادة المركزية الأمريكية اليوم الجمعة أن الشاحنات المحملة بالمساعدات الإنسانية بدأت في التحرك إلى الشاطئ عبر رصيف مؤقت في غزة في الساعة 9 صباحاً بالتوقيت المحلي وتوقيت قبرص. ...
	CNA - سفيرة الولايات المتحدة لدى قبرص: نعترف بالدور الرئيسي لقبرص في تقديم المساعدات الإنسانية لغزة قالت سفيرة الولايات المتحدة الأمريكية لدى نيقوسيا جولي فيشر مساء الخميس، إن الولايات المتحدة تعترف بالدور الرئيسي الذي تلعبه قبرص في تقديم المساعدة الإنسانية من خلال خطة أمالثيا، مشيرة إلى أنه من المتوقع تسليم أولى المساعدات الإنسانية عبر الرصيف العائم للجيش الأمريكي في غزة خلال...
	CNA - قبرص تستضيف اليوم اجتماعاً وزارياً حول الهجرة يعقد اليوم الجمعة بمبادرة من قبرص، اجتماعاً وزارياً بمشاركة مسؤولين من ثماني دول في الاتحاد الأوروبي يركز على البعد الخارجي للهجرة، وبالأخص على الوضع في سوريا. بحسب بيان صحفي صادر عن وزارة الداخلية، سيحضر القمة وزراء ومسؤولون من اليونان وجمهورية التشيك والنمسا وبولندا والدنمارك وإيطاليا ومالطا،...
	Lusa - Business News - Mozambique: 'Should be seen as preferential for investment' - president Maputo, May 17,2024 (Lusa) - Mozambique's President Filipe Nyusi said on Thursday at the Africa CEO Forum in Kigali that Mozambique should be seen internationally...
	CNA - الأمم المتحدة تعرب عن امتنانها لقبرص لفتح ممر بحري إلى غزة قال فرحان حق نائب المتحدث باسم الأمين العام للأمم المتحدة، يوم أمس الخميس خلال الإحاطة الإعلامية اليومية في الأمم المتحدة في المقر الرئيسي في نيويورك، "نحن ممتنون لجهود قبرص المدعومة من الدول الأعضاء الأخرى، للحفاظ على الممر البحري كطريق إضافي للمساعدة إلى غزة". ...
	Lusa - Business News - Portugal: Major exhibition about architect Siza Vieira opens in Lisbon Lisbon,May.17,2024(Lusa)-His sense of humour,his constant need to draw, and his love of dance and music are all facets of architect Álvaro Siza that stand out...
	Lusa - Business News - Portugal: Top newspaper headlines on Friday, 17 May Lisbon,May.17,2024(Lusa)-The massive profits banks are making, and the decision on where to build Lisbon's new airport are both featured on many front pages this Friday....

Lusa - Business News - Portugal: Azores airlines bidder to go to court over cancellation

Lisbon, May.3,2024(Lusa) - The consortium bidding for the privatisation of Azores Airlines, Newtour/MS Aviation, is threatening to "resort to all legal mechanisms at its disposal" after the Azores government cancelled the tender.
"The Newtour/MS Aviation consortium learned on Thursday, through the media, of the decision taken by the Azores regional government not to proceed with the privatisation process of Azores Airlines due to an alleged significant change in the economic and financial conditions taken into account in the initial evaluation of the airline," the note said.
The organisation stressed that throughout the process, "it was always committed to the success of the operation" and that it remained "silent in the interests of independence, transparency and, above all, institutional respect for all those involved", namely "SATA Internacional and its employees".
However, he said, in view of this decision, "silence no longer makes sense".
"Newtour/MS Aviation does not agree with the regional government's decision not to proceed with the privatisation process of Azores Airlines," he said, adding that he was "formally unaware of the reasons behind this decision".
The consortium believes that "the reason given is unfounded, namely because the negotiation phase provided for in the tender rules could accommodate a possible change in the economic and financial conditions taken into account in the initial evaluation of the airline".
"Newtour/MS Aviation is surprised that it has been denied access to various tender documents, in particular the final report drawn up by the jury, since it has requested this several times and through the proper channels," indicating that "it only knows what has been published by the media."
For this reason, "the consortium will analyse the grounds put forward by the Regional Government of the Azores and use all the legal mechanisms at its disposal," adding that "it will do everything it can to defend, on the one hand, the future of SATA Internacional — Azores Airlines and its employees and, on the other hand, the position of the consortium members whose credibility and reputation were called into question during the tender."
The government of the Azores has cancelled the privatisation tender for Azores Airlines and will launch a new one, claiming that the company was valued at €6 million at the start of the process and is now worth 20 million.
"[The Council of Government] decided not to proceed with the privatisation process of Azores Airlines due to the significant change in the economic and financial conditions taken into account in the initial valuation of the company. This cancels the current privatisation process for Azores Airlines," announced Artur Lima, vice-president of the Regional Government of the Azores (PSD/CDS-PP/PPM).
At the beginning of April, the jury of the public tender for the privatisation of Azores Airlines delivered its final report and upheld the decision to accept only one bidder, but acknowledged reservations about the ability of the Newtour/MS Aviation consortium to ensure the company's viability.
The Board of Directors of the SATA group, led by Teresa Gonçalves, who has since resigned, also expressed "reservations about the Newtour/MS Aviation consortium and the limitations of the competitor" in the opinion sent to the Regional Government.
ALN/ADB // ADB.
Lusa

Agency : LUSA
Date : 2024-05-04 11:13:00

Back