The Government is still waiting for the green light from Brussels to inject around €536 million of capital into the national carrier TAP that was promised for 2021. It is authorisation for the [...]
Passenger numbers at Portuguese airports have risen 2.3% like-for-like on 2020 to 15.2 million to September according to Vinci which owns ANA-Aeroportos de Portugal. However, the group revealed [...]
The Ministries of Finance and Economy, Housing and Infrastructure announced on Friday that that TAP CFO João Weber Gameiro has tendered his resignation. Under applicable laws in Portugal, it [...]
First it was Ryanair’s Michael O’ Leary who sharply criticised the EU’s decision to consider allowing the Portuguese State to bail out TAP with €2Bn of tax payer funding. Now the director of [...]
Portugal’s national carrier TAP is to review its contract with the airline JetBlue which is owned by David Neeleman. The contract was signed when the Brazilian entrepreneur was TAP’s main private [...]
The president of the Porto Trade Association has called on the setting up of a new airline which will reflect the growing importance of Porto and the North and better serve the region’s business [...]
The Irish low-cost airline Ryanair says it will contest the financial aspect of a top-to-bottom restructuring plan for Portgual’s national carrier TAP in response to a European Commission [...]
The deadline for national carrier TAP to repay the Portuguese State a €1.2Bn loan which expired today, has now been extended until the end of the year. The loan had been granted on the back of a [...]
The Portuguese national carrier TAP recorded losses of €493.1 million in the first half of 2021 – an like-for-like improvement of €88.8 million. This was according to the airline’s results [...]
The Irish low-cost airline Ryanair announced on Tuesday that it would launch 26 new routes from Lisbon, Porto and Faro to destinations like Malta, Palermo and Agadir from November. It will be the [...]
