The major European airlines conglomerate IAG (International Airlines Group) which combines leading airlines British Airways, Iberia, Vueling, Aer Lingus and LEVEL (IAG’s new low-cost airline [...]
The former private shareholder of Portuguese airline TAP, David Neeleman, has hit out against criticisms and veiled accusations about his conduct when he purchased and later sold his share in the [...]
TAP posted a loss of €57 million in Q1 after last year’s annual results saw profits of €65.6 million. In Q1 the airline, currently the subject of a parliamentary inquiry over its management, [...]
ANA, the company that manages Portugal’s airports, is likely to present a bill to the Government for €16.9 million on studies for the new complementary airport at Montijo on the south bank of the [...]
A Portuguese commission hired to study the technical and scientific viability options for expanding Lisbon’s airport capacity has announced nine possible choices for Lisbon’s new International [...]
Azores Airlines and Air Açores – both belonging to the SATA Group – enjoyed its best year ever in terms of revenues, despite suffering net financial losses of €32.4 and €2.5 million, [...]
Top brass members of TAP may have received around €1.2 million in bonuses and €19 million in salaries through the provision of services to Atlantic Gateway at the time that Brazilian-American [...]
Former majority shareholder in Portuguese airline TAP, David Neeleman may have made €44 million in profit in the purchase and sale contract of his stake in the national carrier. The US-Brazilian [...]
The CEO of Portugal’s national airline TAP, Christine Ourmières-Widener was to receive a bonus of between €2.1 million €3 million under the terms of her contract if she successfully restructured [...]
The mayors of Porto and Lisbon have slammed Portugal’s state-owned airline as a “total embarrassment and disaster” in the fiercest criticism lain at the door of the airline’s administration ever. [...]
