The CEO of Portuguese airline TAP, Christine Ourmières-Widener is likely to receive an extraordinary bonus worth around 80% of her salary which could be as much as €2 million. This is because the [...]
Portugal’s Minister of the Economy, António Costa Silva has suggested that the IAG group which has British Airways/Iberia/Air Lingus could be the buyer for TAP. However, there are those who [...]
The CEO of Ryanair Michael O’Leary thinks that the most likely candidate to purchase TAP will be the International Airlines Group (IAG) which has British Airways. In a press conference, O’Leary [...]
An independent technical commission which has begun working on studying various locations for Lisbon’s new international airport has admitted it may reject some of the options put forward by the [...]
Portugal’s national airline TAP will close 2022 with a profit for the first time since 2017 according to CNN and ECO online news. The good news for the airline, which has suffered nothing but bad [...]
Portugal’s airline TAP has announced a cash injection operation of €980 million of State money into the business. The injection will be done in tranches – the first of €294 million was made [...]
An ex-director of cash-strapped Portuguese airline TAP who had been on a salary of €245,000 per annum for three years and who was awarded a €500,000 fat cat “compensation package” for [...]
ANA – Aeroportos de Portugal – the company that manages Portugal’s airports, estimates that it will have to refuse over 700,000 places next summer because Lisbon’s Humberto Delgado [...]
The Government of the Azores has announced that it will appoint the current president of the airline SATA, Luís Rodrigues as the future president of the airline’s holding. José Manuel Bolieiro [...]
Azores Airlines has already exceeded more than a million passengers in 2022 – a new record for the airline. The moment was marked by a surprise celebration at the check-in balcony for [...]