
Sata Air Acores Sociedade Acoriana De Transportes Aereos SA, founded in 1941 and based in the Azores, Portugal, serves the critical function of providing air transport services to the archipelago's islands and beyond. The airline operates scheduled flights, charter services, and cargo transportation, catering to both passenger and freight needs in the region.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SATAIR 3.00% 2030-11-06 EURSata Air Acores Sociedade Acoriana De Transportes Aereos SA | Portugal | 2030-11-06 | 3.000 | 4.25 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company has issued bonds since the early 2000s, with significant issuances aimed at financing fleet upgrades and operational expansions. One notable issuance was in 2010, which helped the airline modernize its aircraft. Currently, Sata Air Acores bonds are yielding around 4.5%, which is competitive within the regional airline industry. In recent news, the company announced plans to enhance its bond offerings, introducing features such as call options to attract more investors.