Ecuador to privatize parts of TAME airlines

Posted on May 27, 2016 • Filed under: Ecuador, Ecuador Travel, Latin America Aviation

startribune.com reported – Ecuadorean President Rafael Correa said he will partially privatize a state-run airline as damage from last month’s earthquake compounds hardships facing the oil-dependent economy.

In Tuesday’s annual address to lawmakers, Correa said he will either sell or allow investors to buy shares in Tame airline. Also on the auction block are a state-run cement maker, bank and power generator. Read Article

MOVING TO ECUADOR READ THIS BOOK

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email