What is the future for the TACV airline?
Posted on 19/05/2017
It has been reported that the Cape Verde government will cease to subsidise TACV the country’s airline. TACV reported losses of €35m in 2015 and €17m in 2016. The Cape Verde parliament is also being requested to approve a re-structuring plan for the airline. The re-structuring plan seeks to increase the market value of the company. TACV is no longer the only airline operating within Cape Verde, now that Binter CV has commenced internal flights, which within the next month will include all the islands with airports.