Abra, the group behind Gol and Avianca, expects to close its purchase of Chile low-cost carrier SKY Airline by August, pending Peru approval.

"La operación no resulta apta para reducir sustancialmente la competencia en los mercados analizados", dijo la FNE para aprobar la operación.

Abra, the group behind Gol and Avianca, expects to close its purchase of Chile low-cost carrier SKY Airline by August, pending Peru approval.