{"id":188607,"date":"2026-06-05T14:00:16","date_gmt":"2026-06-05T14:00:16","guid":{"rendered":"https:\/\/aviacionaldia.com\/?p=188607"},"modified":"2026-06-06T12:56:49","modified_gmt":"2026-06-06T12:56:49","slug":"abra-group-gets-green-light-in-chile-to-acquire-sky-airline","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2026\/06\/abra-group-gets-green-light-in-chile-to-acquire-sky-airline.html","title":{"rendered":"Abra Group Gets Green Light in Chile to Acquire SKY Airline"},"content":{"rendered":"\n<p>Chile\u2019s National Economic Prosecutor\u2019s Office (FNE) has approved the transaction through which <strong>Abra Group<\/strong>\u2014the parent company of Avianca, Gol, and Wamos Air\u2014will acquire <strong>SKY Airline<\/strong>. Following a nearly five-month investigation, the Chilean regulatory authority determined that the transaction will not substantially lessen competition in the passenger air transport, air cargo, and aircraft leasing markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FNE Ruling and Mitigation Commitments<\/h2>\n\n\n\n<p>The formal merger notification was filed with the FNE last December by both companies. After analyzing the background information and assessing the potential impact on the regional commercial aviation market, the prosecutor&#8217;s office concluded that the move does not pose a threat to free competition.<\/p>\n\n\n\n<p>Nevertheless, the involved parties entered into specific mitigation commitments with the regulatory body to ensure market transparency:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Non-Compete Clause:<\/strong> A 24-month period was established during which the firms are barred from participating in competing businesses.<\/li>\n\n\n\n<li><strong>Key Personnel Restriction:<\/strong> During the same 24-month period, the transfer of key executives from SKY Airline to the Abra Group holding company will be restricted.<\/li>\n\n\n\n<li><strong>Verification Mechanism:<\/strong> The companies must submit a copy of the final agreement to the FNE to allow monitoring and enforcement of these measures.<\/li>\n<\/ul>\n\n\n\n<p><strong><em>\u2192 <a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/sky-airline-celebrates-25-years-consolidating-its-low-cost-model-and-regional-connectivity.html\">SKY Airline Celebrates 25 Years, Consolidating Its Low-Cost Model and Regional Connectivity<\/a><\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">International Regulatory Status and Routes Under Analysis<\/h2>\n\n\n\n<p>Chile is not the only jurisdiction involved in the antitrust review of this corporate concentration. The progress of international regulatory approvals is detailed below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Brazil:<\/strong> The Administrative Council for Economic Defense (CADE) granted its official approval for the transaction last Tuesday.<\/li>\n\n\n\n<li><strong>Peru:<\/strong> The National Institute for the Defense of Copyright and Intellectual Property (INDECOPI) is still evaluating the transaction. The ruling from this agency is the last remaining green light needed to finalize global approval of the deal.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">International Routes Evaluated<\/h3>\n\n\n\n<p>The FNE\u2019s investigation meticulously analyzed the impact on international routes where the operations of the group&#8217;s airlines could overlap. The city pairs under technical scrutiny included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Santiago \u2013 Punta Cana<\/li>\n\n\n\n<li>Santiago \u2013 Canc\u00fan<\/li>\n\n\n\n<li>Santiago \u2013 Miami<\/li>\n\n\n\n<li>Regional market routes to Brazil and Colombia<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Financing Origins and SKY Airline\u2019s Current Landscape<\/h2>\n\n\n\n<p>The agreement dates back to the COVID-19 pandemic health crisis, a period marked by lockdowns and a drastic reduction in international travel that forced competitors like LATAM Airlines to restructure operations under Chapter 11. Against this backdrop, Abra Group provided financing to SKY Airline via a convertible bond valued at an estimated $100 million.<\/p>\n\n\n\n<p>This financial instrument offered two courses of action for the holding company: taking a minority stake or assuming majority control of the Chilean carrier. On December 15, Abra Group formalized its decision to pursue the second option.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Operational and Commercial Challenges<\/h2>\n\n\n\n<p>The announcement coincides with the celebration of SKY Airline&#8217;s 25-year history. Management has focused on delivering the carrier to the purchasing holding company in the healthiest financial state possible.<\/p>\n\n\n\n<p>However, the commercial landscape presents challenges in the Chilean international market. Recent data provided by the Civil Aviation Board (JAC) for the January\u2013April period reveals that JetSmart surpassed SKY Airline in international passenger volume, displacing it from its historical second-place spot in this segment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Next Steps<\/h2>\n\n\n\n<p>With approvals from Chile and Brazil now ratified, the definitive closing of the global transaction remains subject to INDECOPI\u2019s ruling in Peru. Once this regulatory hurdle is cleared, the final equity stake to be retained by the Paulmann Mast family in the new ownership structure, as well as their role and representation on the airline&#8217;s board of directors, remains to be defined.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"related-topics\">Related Topics<\/h2>\n\n\n\n\t\t\t<div class=\"wp-block-uagb-post-grid uagb-post-grid  uagb-post__image-position-top uagb-post__image-enabled uagb-block-9e302684     uagb-post__items uagb-post__columns-2 is-grid uagb-post__columns-tablet-2 uagb-post__columns-mobile-1 uagb-post__equal-height\" data-total=\"528\" style=\"\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"uagb-post__inner-wrap\">\t\t\t\t\t\t\t\t<div class='uagb-post__image'>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/london-heathrow-airport-celebrates-80-years-of-history-with-a-star-alliance-round-the-world-ticket-giveaway.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\" class='uagb-image-ratio-inherit'><img decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Aeropuerto-de-Heathrow.jpg\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Aeropuerto-de-Heathrow.jpg 800w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Aeropuerto-de-Heathrow-300x150.jpg 300w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Aeropuerto-de-Heathrow-768x384.jpg 768w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2022\/08\/Aeropuerto-de-Heathrow-380x190.jpg 380w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<h4 class=\"uagb-post__title uagb-post__text\">\n\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/london-heathrow-airport-celebrates-80-years-of-history-with-a-star-alliance-round-the-world-ticket-giveaway.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">London Heathrow Airport Celebrates 80 Years of History with a Star Alliance Round the World Ticket Giveaway<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t<div class='uagb-post__text uagb-post-grid-byline'>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"uagb-post__text uagb-post__cta wp-block-button\">\n\t\t\t\t<a class=\"wp-block-button__link uagb-text-link\" style=\"\" href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/london-heathrow-airport-celebrates-80-years-of-history-with-a-star-alliance-round-the-world-ticket-giveaway.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Read More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"uagb-post__inner-wrap\">\t\t\t\t\t\t\t\t<div class='uagb-post__image'>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/iberia-launches-new-seasonal-route-between-madrid-and-bucharest.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\" class='uagb-image-ratio-inherit'><img decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Iberia-Airbus-A320.webp\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Iberia-Airbus-A320.webp 800w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Iberia-Airbus-A320-300x150.webp 300w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Iberia-Airbus-A320-768x384.webp 768w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Iberia-Airbus-A320-380x190.webp 380w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<h4 class=\"uagb-post__title uagb-post__text\">\n\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/iberia-launches-new-seasonal-route-between-madrid-and-bucharest.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Iberia Launches New Seasonal Route Between Madrid and Bucharest<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t<div class='uagb-post__text uagb-post-grid-byline'>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"uagb-post__text uagb-post__cta wp-block-button\">\n\t\t\t\t<a class=\"wp-block-button__link uagb-text-link\" style=\"\" href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/iberia-launches-new-seasonal-route-between-madrid-and-bucharest.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Read More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"uagb-post__inner-wrap\">\t\t\t\t\t\t\t\t<div class='uagb-post__image'>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/ryanair-consolidates-european-leadership-carries-20-7-million-passengers-in-may.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\" class='uagb-image-ratio-inherit'><img decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Ryanair-Boeing-737-800.jpg\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Ryanair-Boeing-737-800.jpg 800w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Ryanair-Boeing-737-800-300x150.jpg 300w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Ryanair-Boeing-737-800-768x384.jpg 768w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Ryanair-Boeing-737-800-380x190.jpg 380w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<h4 class=\"uagb-post__title uagb-post__text\">\n\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/ryanair-consolidates-european-leadership-carries-20-7-million-passengers-in-may.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Ryanair Consolidates European Leadership: Carries 20.7 Million Passengers in May<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t<div class='uagb-post__text uagb-post-grid-byline'>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"uagb-post__text uagb-post__cta wp-block-button\">\n\t\t\t\t<a class=\"wp-block-button__link uagb-text-link\" style=\"\" href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/ryanair-consolidates-european-leadership-carries-20-7-million-passengers-in-may.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Read More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"uagb-post__inner-wrap\">\t\t\t\t\t\t\t\t<div class='uagb-post__image'>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/latam-airlines-launches-nonstop-flights-between-sao-paulo-and-brussels.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\" class='uagb-image-ratio-inherit'><img decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Latam-vuelo-inaugural-a-Bruselas.webp\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Latam-vuelo-inaugural-a-Bruselas.webp 800w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Latam-vuelo-inaugural-a-Bruselas-300x150.webp 300w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Latam-vuelo-inaugural-a-Bruselas-768x384.webp 768w, https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/06\/Latam-vuelo-inaugural-a-Bruselas-380x190.webp 380w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<h4 class=\"uagb-post__title uagb-post__text\">\n\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/latam-airlines-launches-nonstop-flights-between-sao-paulo-and-brussels.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">LATAM Airlines Launches Nonstop Flights Between S\u00e3o Paulo and Brussels<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t<div class='uagb-post__text uagb-post-grid-byline'>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"uagb-post__text uagb-post__cta wp-block-button\">\n\t\t\t\t<a class=\"wp-block-button__link uagb-text-link\" style=\"\" href=\"https:\/\/aviacionaldia.com\/en\/2026\/06\/latam-airlines-launches-nonstop-flights-between-sao-paulo-and-brussels.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Read More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t","protected":false},"excerpt":{"rendered":"Chile\u2019s National Economic Prosecutor\u2019s Office (FNE) has approved the transaction through which Abra Group\u2014the parent company of Avianca,&hellip;\n","protected":false},"author":4316,"featured_media":140442,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[1065,230,461,351],"class_list":{"0":"post-188607","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"tag-abra-group","9":"tag-airline","10":"tag-chile-2","11":"tag-sky-airline-2"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",80,40,false],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",300,150,false],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2023\/06\/Sky-Airline-Airbus-A320.jpg",800,400,false]},"uagb_author_info":{"display_name":"Redacci\u00f3n - Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/aad"},"uagb_comment_info":0,"uagb_excerpt":"Chile\u2019s National Economic Prosecutor\u2019s Office (FNE) has approved the transaction through which Abra Group\u2014the parent company of Avianca,&hellip;","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/188607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/4316"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=188607"}],"version-history":[{"count":1,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/188607\/revisions"}],"predecessor-version":[{"id":188608,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/188607\/revisions\/188608"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/140442"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=188607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=188607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=188607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}