David Neeleman, owner of Blue, Germán Efromovich, which controls the South American group Avianca, and the Portuguese entrepreneur Miguel Pais do Amaral came forward with offers to buy the TAP. Who they are and what plans they have for the company?
David Neeleman
Born in Brazil, but north of son Ameri-, the businessman has built an empire in the aviation sector, especially the Azul (Brazil) and the low cost Jetblue (USA). He believes that TAP has the capacity to grow, especially in the North American market, but know that the airline needs profound changes, particularly in terms of supply, fleet and worker efficiency. In the proposal presented yesterday, it has the Portuguese businessman Humberto Pedrosa, president of Barraqueiro transport group, is unknown still have more partners. Neeleman was forced to form a consortium because it is forbidden to investors from outside the EU to control European airlines.
German Efromovich
Owner of the South American group Avianca, returned with a proposal after the first attempt to purchase have failed in 2012, by Government decision. Born in Bolivia, the businessman also had Colombian and Brazilian nationality and asked the Polish passport to run for TAP, which is not dismissed to find partners. Want to make the national airline of the bridge that needs to grow in Europe, but can result from the disadvantage of some antibodies created in Portugal. However, it also has good arguments on their side, the fact that Avianca belong to the same strategic alliance than TAP, Star Alliance. The intent of this investor is to reduce the company’s exposure to Brazil and extend it to more markets in America.
Miguel Pais do Amaral
The Portuguese businessman was closed canopies to the last, but this Friday, just above the deadline for submission of proposals , confirmed that it was in the race for TAP. The tender offer that had followed on behalf of Quifel Holding, the group he founded and which includes companies like Leya and holdings in Media Capital, the Reditus in Novabase and The Edge Group (investment funds and venture capital) . Pais do Amaral was the first to take interest in the airline earlier this year, appearing in a consortium which includes the former shareholder and president of Continental Airlines, Frank Lorenzo. The manager even claimed that was associated with Barraqueiro, but this possibility was eventually dropped. One of its objectives is quoting TAP on the stock exchange.
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