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    Aviation

     TAP debt will not affect bank NPEs
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    By Fernando Caetano
    In Aviation, News, TAP
    Posted 1 Março, 2021

    TAP debt will not affect bank NPEs

    Portuguese national airline TAP has made an agreement with several banks to postpone payments of its debts beyond the end of the moratoria period in September this year. Furthermore, the State’s [...]

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     TAP slashes €1.3Bn operational costs
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    By Fernando Caetano
    In Aviation, Companies, News
    Posted 24 Fevereiro, 2021

    TAP slashes €1.3Bn operational costs

    Portugal’s national airline carrier TAP has to make €1.3Bn savings in operational costs as part of its restructuring plan. TAP is renegotiating orders and payments with suppliers and lessors, [...]

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     Government threatens TAP unions over redundancy plan
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    By Fernando Caetano
    In Aviation, Companies, News
    Posted 22 Fevereiro, 2021

    Government threatens TAP unions over redundancy...

    The Portuguese government warned on Saturday that it would advance with a replacement regime at TAP if the two main unions, which have decided to postpone their general assemblies, fail to sign [...]

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     Court blocks Ryanair redundancies
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    By Fernando Caetano
    In Aviation, Labour, Law, News
    Posted 17 Fevereiro, 2021

    Court blocks Ryanair redundancies

    A Lisbon court has blocked an attempt by low-cost airline Ryanair to make six staff redundant from their jobs at the airline’s Lisbon base. The National Union of Civil Aviation Flight Personnel [...]

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     TAP strikes deal with unions
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    By Fernando Caetano
    In Aviation, Companies, News
    Posted 8 Fevereiro, 2021

    TAP strikes deal with unions

    The board of directors at Portugal’s troubled airline TAP and the government have made a “historic” agreement with unions to save the national carrier from complete paralysation and avoid [...]

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     Portugal bans all flights to and from UK
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    By Fernando Caetano
    In Aviation, News
    Posted 22 Janeiro, 2021

    Portugal bans all flights to and from UK

    In a move which may be seen by some as a tit-for-tat response to last week’ UK government restrictions, the Portuguese Government announced yesterday that all flights to and from the United [...]

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     Flights to and from Portugal hit 22-year low
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    By Fernando Caetano
    In Aviation, News
    Posted 21 Janeiro, 2021

    Flights to and from Portugal hit 22-year low

    The number of flights to and from Portugal have plummeted to the lowest level since 1998. According to reports in the Portuguese press, citing the National Aviation Authority (NAV), Portugal [...]

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     UK bans flights from Portugal from today
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    By Fernando Caetano
    In Aviation, News, Tourism
    Posted 15 Janeiro, 2021

    UK bans flights from Portugal from today

    The British government has banned flights to the UK from Portugal following a new strain of the coronavirus in Brazil. However, the measure later appeared to be confusing as the UK government [...]

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     German airline executive on TAP shortlist
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    By Fernando Caetano
    In Aviation, News
    Posted 8 Janeiro, 2021

    German airline executive on TAP shortlist

    The former CEO of Saudi Arabian Airlines, Jaan Albrecht Binderberger is one of the top names tipped to lead Portugal’s troubled airline TAP. He is on the short-list of names selected by the head [...]

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     Raised eyebrows over TAP CEO salary hike
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    By Fernando Caetano
    In Aviation, News
    Posted 30 Dezembro, 2020

    Raised eyebrows over TAP CEO salary hike

    In what is an unwise and ill-advised move at cash-strapped Portuguese airline TAP, at a time when hundreds of cabin crew are losing their jobs, scores of pilots face redundancy and remaining [...]

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