Air Nostrum of Spain in talks with potential investors

Air Nostrumis in negotiations with a group of investors keen on buying the carrier.  Seabury and Air Nostrum are reportedly negotiating with the group with a deal expected to close by May this year. In a bid to attract fresh capital and new owners, the Spanish carrier has undergone a tough restructuring programme which has seen drastic pay cuts being enforced as well as numerous aircraft leases being cancelled.Spanish paper, ValenciaPlaza, claims to have seen a confidential dossier prepared by Seabury Consulting, a boutique advisory firm specializing in airline strategy development and turnarounds, in which an unnamed group of international and local firms and funds were singled out as being the best possible candidates for a potential investment. Air Nostrum currently operates six ATR72-600s, 13 CRJ-200s, 11 CRJ-900s and 10 crj-100 in partnership with Liberia  under a franchise agreement. Some of its CRJ-200s are also used for charter flights and a wet-lease.