Abra Group Prepares for US IPO Filing with SEC
Abra Group, the holding company behind Avianca, GOL Linhas Aéreas Inteligentes, Wamos Air, and Chilean start-up NG Servicios Aéreos, announced plans to file registration documents with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO) in the United States.
The company stated that the timing, structure, and size of the IPO will depend on market conditions and regulatory review by the SEC. Abra has not disclosed a specific launch date but confirmed that preparations are underway as part of its long-term growth strategy.
Abra CEO Adrian Neuhauser had previously said the group’s goal for 2025 was to move forward with a U.S. IPO, following delays in 2024 caused by GOL’s Chapter 11 bankruptcy reorganization. The listing would strengthen Abra’s capital base and enhance its position across the Latin American aviation sector.
The announcement comes amid a series of strategic moves within the group. GOL Linhas Aéreas recently revealed plans to go private, merge its entities under a single operating structure, and delist from Brazil’s B3 Stock Exchange. Meanwhile, Abra is setting up a new Chile-based ACMI and charter operator, NG Servicios Aéreos, and exploring deeper partnerships in the region.
In addition, reports from July indicated Abra was in talks with SKY Airline in Chile regarding a 2021 bond that includes a conversion clause granting Abra the option to acquire up to 40% equity in the carrier.
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Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com