The Meridian Transaction Tracker

Cabo Verde Airlines: state repossession and the relaunch of privatisation

The state repossessed 51% of Cabo Verde Airlines from Loftleidir Cabo Verde (Icelandair-linked) (after the 2019 privatisation collapsed) and carried the airline through restructuring toward a new privatisation attempt, a candidate…


The state repossessed 51% of Cabo Verde Airlines from Loftleidir Cabo Verde (Icelandair-linked) (after the 2019 privatisation collapsed) and carried the airline through restructuring toward a new privatisation attempt, a candidate transaction repeatedly in process but unconcluded in the window. The inter-island carrier TICV/Bestfly Cabo Verde (Axian/Bestfly-era ownership after Binter’s 2021 exit) separately suspended operations in 2024, leaving connectivity politics as Cabo Verde’s persistent deal battleground.

Value: Not disclosed.

Advisers: No legal adviser is identified in the public record reviewed by The Meridian.

Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.