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Cape Verde aviation news

Airways Aviation Group opens new Aviation Academy in Cape Verde

Airways Aviation Group signed this week 2 MoU in Cape Verde with the goal of implementing a new Aviation academy in the country and supporting the government applying their strategic vision for the sector starting by helping Technical University of the Atlantic to establish the Institute of Aeronautics and Tourism. During the visit several meetings and discussions with stakeholders...

Cape Verde's TACV secures $11mn in loans as losses continue

The Cape Verdian government has authorized the extension of two financial loans to struggling national carrier TACV - Cabo Verde Airlines (VR, Praia). An official government gazette published earlier this month says the Treasury will extend CVE950 million (USD9.26 million) in preferential loans to TACV while an additional EUR2 million (USD2.2 million) has been sourced from the Angolan Investment B...