Abra Group to File Paperwork for IPO in the US
Abra Group, owner of Avianca Airlines, GOL Linhas Aéreas Inteligentes, Wamos Air, and start-up NG Servicios Aéreos, plans to file paperwork with the US Securities and Exchange Commission (SEC) for a possible initial public offering (IPO) in the United States.
The company stated that the IPO's timing and details depend on market conditions and the SEC's review. According to Abra's chief executive, Adrian Neuhauser, the primary objective for 2025 was to launch an IPO in the US.
Notably, the holding company delayed the IPO in 2024 due to significant challenges, including GOL's Chapter 11 bankruptcy reorganisation. Recently, Abra announced plans to establish a new ACMI/charter carrier in Chile, NG Servicios Aéreos.
Abra Group is moving forward with its plans for an IPO in the US, subject to market conditions and SEC review.
Author's summary: Abra Group plans US IPO filing.