Cabo Verde Airlines in Cape Verde, former TACV, has finished its privatisation process. Loftleidir Cabo Verde is now a majority shareholder with a 51% stake in the company. Jens Bjarnason has been appointed chief executive officer. Following the official announcement of the Government of Cape Verde, the binding offer submitted by Loftleidir Cabo Verde to acquire 51% of the shares of Cabo Verde Airlines has been accepted. The share purchase agreement was signed on March 1. Loftleidir Icelandic, which is a subsidiary of Icelandair Group, holds a 70% stake in Loftleidir Cabo Verde, and other investors 30%. Loftleidir Icelandic has

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