The US ratings agency Standards & Poor says that TAP’s reduced fleet and congestion at the airline’s hub at Lisbon’s Humberto Delgado airport is limiting the company’s growth and revenue [...]
The Prime Minister Luís Montenegro spelled out this Thursday that without retaining TAP’s hub in Portugal and the operation of strategic routes (to Brazil and Africa) to the country being [...]
Azul, the airline founded by David Neeleman, has threatened to tear up its partnership with TAP if it does not pay back a debt of €200 million because of a bond loan made in 2016. The partnership [...]
Portuguese airline TAP has around €490 in past losses that are tax deductible, an amount that adds value to the company and will benefit the eventual shareholder when the carrier is privatised. [...]
The Portuguese government says it does not know if anything resulted from an investigation from the previous government and the European Union over the role of Airbus in the privatisation of TAP [...]
After sustaining losses of €72.2 million in Q1 of 2024, Portugal’s national carrier TAP Air Portugal closed the first half of 2024 with a modest profit of €400,000, but still down 98.3% on 2023 [...]
Portugal is to be the likely location for Lufthansa’s new maintenance hangar serving Southwest Europe. It comes at a time when the German airline continues to be interested in buying a [...]
Never before have so many people arrived at Portuguese airports as this year: almost 33 million passengers. Data from the National Institute of Statistics shows that in the first half of this [...]
Extension and improvement works at Lisbon’s Humberto Delgado International Airport are scheduled to start in October. This is according to the Minister of Infrastructures and Housing, Miguel [...]
The Sino-Portuguese construction company Mota-Engil is one of two consortiums to have presented proposals to operate Luanda Airport. The Ministry of Transports of Angola has selected the two [...]
