CLARIFICATION: Barthe Cortes did not sell his shares and is still the sole owner of 100% BVC shares

 Barthe Cortes  sells majority stake in BVC Airlines

SAN would like to issue a formal apology to BVC Group for news ("Barthe Cortes sells a 70 % stake in BVC Airlines for € 1 billion") that was inadvertently published recently onto our website and social media with unconfirmed details. News was based on preliminary information. We apologize for this publication before details were confirmed from official sources

Barthe Cortes did not sell his shares and is still the sole owner of 100% BVC shares, BVC owner even bought 30% shares in AASAfrica and 40% shares in ESC. According to the information we have received from BVC's spokesman - BVC, ESC and AASAfrica will create a new brand together. The aim of combining these three airlines is to create one of the largest cargo airlines flying between Africa and the Middle East.

"This partnership which is unprecedented in scale gives us leadership position in the worldwide airline industry, With BVC and ESC we are reinforcing our trans-Atlantic alliance, making us the number one alliance between Africa and the rest of the world in terms of traffic" - said AASA chairman

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