He was speaking to reporters in Ponta Delgada after presenting the airline’s new board of directors.

Loftleiðir Icelandic Airlines presented a proposal in July to buy 49% of SATA Internacional, which operates the flights into and out of the archipelago after being pre-qualified in the knock-out stage.

The privatisation specs say that the new owner of the 49% of Azores Airlines will have to comply with the fleet renovation plan begun with the A321 NEO.