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Image header Agence Europe
Europe Daily Bulletin No. 10053
Contents Publication in full By article 21 / 26
GENERAL NEWS / (eu) eu/eib

Loan for Azores and Madeira air transport

Brussels, 11/01/2010 (Agence Europe) - On Friday 8 January, the European Investment Bank (EIB) granted a €37 million (USD 53 million) loan to SATA Air Açores (SATA) for the acquisition of four turboprop aircraft to provide inter-island transport services within the Azores archipelago, replacing the same number of older aircraft.

The aircraft will be operated by SATA from its home base at Ponta Delgada (Azores) on essential public services within the Azores and Madeira islands as well as...

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