Airlines

Portugal’s government has now received valuations for national airline TAP from EY and Finantia bank in preparation for the carrier’s sale according to Bloomberg. The Ministry of Finances [...]

TAP SGPS, which had until June 23 to pay a €177 million debt from 2016 to the Brazilian airline Azul, has defaulted on the loan with the airline now having to go to court to try and recover the [...]

The former TAP SGPS, now renamed SIAVILO, has until June 23 to pay a €177 million debt which had been contracted in the form of a loan in 2016 from the Brazilian airline Azul and Parpública, an [...]

It’s full steam ahead for the privatisation of Portugal’s State-owned airline TAP with the rules of the game set for potential buyers. This is according to the Secretary of State for [...]

The Azores Regional Government has ordered the Azores airline SATA to press ahead with the final negotiations to sell the company. And things are looking up for the future prospects of a buyer [...]

Portugal’s minister of Infrastructures, Miguel Pinto Luz believes “now is the right time” to sell TAP but has admitted that the current political crisis is a block to achieving it. “As all the [...]

The CEO of Vinci Concessions, Nicolas Notebaert has reaffirmed the European airports management group’s commitment to investing in Portugal. The president of France’s Vinci Airports, which owns [...]

Banco Finantia and EY will deliver their valuations for Portugal’s national airline TAP to the Portuguese government on March 17 in preparation for the airline’s total or part privatisation. The [...]

The company that manages Portugal’s airports, ANA – Aeroportos de Portugal, enjoyed record revenues of €1.267Bn on the back of the country ’s bumper tourism numbers. The business turnover [...]

The General Court of the European Union (CJEU) has dismissed Ryanair’s appeal opposing the Portuguese State’s financial support for national airline TAP, approved during the pandemic, which [...]