Telegraph Africa

Africa Daily News – Telegraph

Barthe Cortes sells majority stake in BVC

Published on Aug 03 2017 // Barthe Cortes, Featured

1488601640The potential end of an era looms in African aviation after Barthe Cortes announced he is selling 70% of BVC Airlines, relinquishing his controlling interest in the airline he founded.

The deal forms part of an extensive tie-up on lucrative transatlantic routes. The three airlines SAAfrica, EmiratesSkyCargo and BVC will join together in a single joint venture on flights between Africa and the rest of the world
The amount for which Barthe Cortes sold 70% of the shares, as well as the details of the transaction remain unknown for the time being.

clarification: Barthe Cortes still remains the sole owner of BVC

“TELEGRAPH AFRICA — In stories published August 3, 2017 The TELEGRAPH AFRICA provided information that Barthe Cortes, the owner of BVC airlines has sold 70% of his BVC shares and it has been replicated by other media. It turned out that it was false

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