Airlines

The CEO of TAP, Christine Ourmières-Widener said at a hearing on Tuesday that she was “just a scapegoat” over the €500,000 compensation case involving former director Alexandra Reis, and has [...]

The low-cost airline easyJet says that it has “absolutely no plan” of action regarding the privatisation of Portugal’s State-owned carrier TAP, but has admitted that it is “open to opportunities” [...]

Portugal’s national carrier TAP has posted a profit of €65.6 million and revenues of €3.5Bn for 2022; a record result five years after the airline was taken back into state control. TAP’s [...]

After sprucing up its fleet of aircraft with 53 new Airbus NEO planes, the national carrier is about to spice up its on-board menus. The company which is never far from the headlines has [...]

Brazilian-American airline mogul David Neeleman, who is at the centre of a controversy over the way he financed a leasing deal for 53 Airbus aircraft when he was the main shareholder of TAP, has [...]

The Portuguese State is likely to retain a minority shareholding in the airline TAP as it goes on the market at some time this year. The Government is currently preparing a Decree-law for its [...]

TAP is in negotiation with Airbus in order to bring the costs down from the 53 new aircraft negotiated by ex-shareholder David Neeleman putting a €444 million dent in the airline’s finances. [...]

Portugal’s Public Ministry is to open an investigation into the purchase of aircraft by previous TAP administrations. In statements made to the news agency Lusa, the Procurator-General of the [...]

Portugal’s Minister of the Economy, António Costa Silva has suggested that the IAG group which has British Airways/Iberia/Air Lingus could be the buyer for TAP. However, there are those who [...]

The CEO of Ryanair Michael O’Leary thinks that the most likely candidate to purchase TAP will be the International Airlines Group (IAG) which has British Airways. In a press conference, O’Leary [...]