The Brazilian airline Blue is interested in buying the entire Chilean Latam Airlines Group, and is ready to make an offer if creditors cannot agree on a knowledge plan, Azul founder and president David Neeleman told Chilean daily Diario Financiero on Monday.
“We know exactly what we are going to offer,” Neeleman said in the interview, providing that Azul will likely have to wait until November 23, when the statutory limit to reach a calculation plan is exhausted.
Reuters previously reported that Azul was only interested in buying Latam’s Brazilian operations, but in an interview with Diario Financiero, Neeleman said the plan is to buy and keep the entire company.
“We would buy the entire asset. I believe the group has a lot of value and we are not thinking about splitting or selling divisions”, verse.
Neeleman said that if Latam manages to reach a region, Azul cannot make its offer, but everything indicates that such an agreement will not be reached.
Latam representatives did not immediately respond to emails requesting comment. In the past, the airline has said it had no intention of selling any of its parts.
Reference: CNN Brasil
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
