Avianca’s German Efromovich May Call a Foul Over Sale of Portuguese Airline TAP

Columbian entrepreneur businessman German Efromovich may contest the the recently announced result of a privatization tender for the Portuguese national airline TAP Air Portugal, according to local Portuguese media reports. If he does proceed this will likely be before the European Commission, and possibly local courts in Portugal as well. Efromovich owns, through his privately held Synergy group, the Columbian national airline Avianca, which … Continue reading Avianca’s German Efromovich May Call a Foul Over Sale of Portuguese Airline TAP