ITA Linhas Aereas

The bus company Itapemirim Group received $500 million USD to set up, among other initiatives, a new airline in the country. Sidnei Piva, Itapemirim president said that one of Abu Dhabi’s sovereign wealth funds provided with the $500 million USD to start up a new airline in 2020. ITA Linhas Aereas announced on 01May2021 that it had received its AOC and now intends to start operations in Jun2021

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