Cape Verde's Minister of Tourism and Transport, José Gonçalves, says the privatization of Cabo Verde Airlines will be completed later in 2018 and the management contract with Icelandair will not be renewed.
The contract with Icelandair began in August 2017, along with two aircraft from the European airline in November. Three more aircraft to arrive from Icelandair by end of 2018.
This week the current two aircraft on lease from Icelandair to Cabo Verde Airlines will convert from a wet lease to a dry lease agreement.
Meanwhile, Cabo Verde Airlines is planning to launch services to Nigeria, and is analyzing routes now, including to Lagos from Sal.