Azores want to support Sata with a capital increase

Azores want to support Sata with a capital increase

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The corona pandemic has put the Azores regional airline Sata under considerable pressure. You also have one or two problems with subsidies that were paid in the past. Now one wants to support the carrier with the help of a capital increase.

The Azores belonging to Portugal are dependent on air traffic to the mainland, but this has never been particularly profitable and the corona pandemic did not exactly improve the situation. Nevertheless, the connection of the islands to the mainland and the capital Lisbon is of great importance. However, for some airlines it does not fit in with the fact that Sata and Azores Airlines have repeatedly received subsidies in the past that went beyond the usual PSO subsidies.

In any case, the regional government of the Azores wants to hold on to air traffic between the islands and the mainland. Sata's complicated financial situation is to be eliminated through a capital increase. According to the Portuguese news agency Lusa, the continuation of Sata and its sister Azores Airlines will have a high priority.

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Editor of this article:

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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About the editor

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

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