Grupo Synergy to buy Aeromar stake

Grupo Synergy has announced plans to buy a stake in Mexican carrier Aeromar for up to US$100m. Synergy would initially buy 25% of the airline, with the possibility of lifting its share to 49 percent later. The purchase is subject to regulatory approval. Brazil-based Grupo Synergy owns two-thirds of Avianca Holdings, formed from the merger of Colombia’s Avianca and El Salvador’s TACA airline. It also has holdings in other aviation-related companies. Aeromar separately announced an order for six ATR 72-600s and two ATR 42-600s in a deal worth US$200m, the airline said. When options for an additional six ATR 72-600s are included, the deal would be worth US$360m.<br/>
Reuters
http://news.airwise.com/story/grupo-synergy-to-buy-aeromar-stake
11/14/16