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Abra Group Announced that its Shareholders Approved Changes to the Composition of its Board of Directors
Shareholders approved a nine-member board with a majority of independent directors to strengthen governance and support Abra's strategic growth plans.
- On November 6, 2025, Abra shareholders approved changes to the Board, effective January 1, 2026, when it will be composed of 9 members.
- To advance its next strategic phase, Abra Group reconstituted the Board to achieve a majority meeting U.S. stock exchanges independence criteria, uniting Gol, Avianca, and Wamos Air.
- Listing board changes: continuing directors include Constantino de Oliveira Junior and incoming directors Robert Fornaro, Timothy Coleman, Stephen Kavanagh, and Howard Millar, with CEO Adrian Neuhauser saying `Abra is entering an exciting new chapter`.
- Abra thanked departing Board members for their contributions since the Company's inception in 2023 and said the updated Board reflects its commitment to strong governance, transparency and accountability.
- With deep industry experience, incoming director Robert Fornaro will join on January 1, 2026, bringing over 40 years' leadership as CEO and President of Spirit Airlines and AirTran, while Abra consolidates around 30,000 aviation professionals and more than 300 aircraft.
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Abra Group Announced that its Shareholders Approved Changes to the Composition of its Board of Directors
LONDON, Dec. 8, 2025 /PRNewswire/ -- Abra Group (Abra), which brings together iconic brands Gol, Avianca, and Wamos Air under one of the most competitive air transport groups in Latin America, announced that on November
·New York, United States
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Grupo Abra. Photo: taken from the company’s website. The air market in Latin America continues to be configured under two large holding companies, one of which is the Grupo Abra -the main flag of which has been the Avianca airline. Recently, Abra announced the start of negotiations for the acquisition of Sky Airline, a competitor of great relevance in Chile, which would join the portfolio of brands that includes GOL, Brazil; Aerolíneas Argentina…
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Total News Sources58
Leaning Left5Leaning Right7Center18Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 17%
C 60%
R 23%
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