Air Transport World

AeroMexico sale draws interest.(News Briefs)(Brief article)

AeroMexico, which has languished on the auction block for three years, has become the target of a bidding war. In late August, Alberto Saba Raffoul and his son Moises Saba Masri made a $100 million bid to acquire the airline from state-controlled holding company Consorcio Aeromexico and this was followed in early September by a $150 million bid from Banamex, Citigroup's Mexican banking unit, which said it had lined up a consortium of 14 private investors. …

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