Low Cost & Regional

Wamos Air takes Abra investment to fund Latin America growth

photo_camera New markets opened for charter airline following investment

Abra Group, owner of Avianca and Gol, is to make an investment in wet lease and charter airline Wamos Air,  based in Spain. This deal will bring about the possibility of improving connectivity between Latin America and Europe, leveraging the potential increase in coverage and operation of the group’s wide-body fleet.

“We celebrate the signing of this agreement for multiple reasons. First, because Wamos Air is a gem in the world of ACMI and air charter operations and has global experience operating in multiple markets. Second, because its business model perfectly complements Abra’s vision and strategy of being a leader in air transportation in Latin America. And third, because this partnership will allow us to participate in long-haul markets with wide-body aircraft in other countries beyond our current Colombia operation,” stated Adrian Neuhauser, CEO of Abra Group.

READ: Wamos Air A330s business class seats to be refurbed

“We welcome Wamos Air to Abra Group. Without a doubt, the investment we are making demonstrates our group’s continued strength, and will open the door for us to realize further synergies between our businesses and continue to expand opportunities to connect the countries of Latin America – not only with each other – but with the rest of the world,” said Constantino de Oliveira Junior, Chairman of Abra Group.

In turn, Wamos Air will benefit from the knowledge of an expert investor with a long-term vision that will drive growth its operations to and from Latin America.

“For Wamos Air, this operation represents an incredible opportunity for evolution an alliance will represent an important step forward in the company’s future,” stated Enrique Saiz, CEO of Wamos Air.


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