Aviation

Portugal’s General Inspectorate of Finances (IGF) believes that €55 million paid out by the State in 2020 to Brazilian-US airline mogul David Neeleman to buy back his share in TAP SGPS was not [...]

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 [...]

The fall of the government this week and the forthcoming elections in May could set back the privatization of Portugal’s national carrier TAP by anything between six months and a year. This is [...]

The former CEO of TAP, Christine Ourmières Widener, is to begin her lawsuit against the airline at a hearing in a civil court in Lisbon. According to an order published this week, 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 [...]

The construction of Lisbon’s new airport will be a project “of a magnitude not seen recently in Europe” and “will require financial and human resources on a scarcely comparable [...]

Portugal’s government announced on Tuesday that it had acquired all the shares in airline Portugália, Cateringpor and TAP health care unit UCS from the holding company TAP. All three companies [...]