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IAG, Air France-KLM and Lufthansa have all expressed interest in a carrier with links to the growing South American market
Deal leaves carrier under private management but gives state veto over strategy
Consortium led by JetBlue founder pays €10m for 61% stake and will inject €338m into carrier
Government and unions warn stoppage could destroy the debt-laden national airline
Auctions seem a fine way of assessing willingness to pay, writes Tim Harford
Too many carriers are competing for an increasing lack of airport capacity
International Edition