Cabo Verde Airlines: Praia Backs $11 Million Sovereign Guarantee for Two ATR 72-600 Leases
The Government of Cape Verde has authorized a $11 million sovereign guarantee for TACV (Transportes Aéreos de Cabo Verde) to lease two ATR 72-600 aircraft from Truenoord. According to the Official Bulletin published on Wednesday, February 5, 2025, the financial agreement - a sovereign guarantee of 5.5 million dollars released for each - spans eight years under the terms outlined in the respective Operating Lease Agreement.
