Portugal’s national carrier TAP has advanced with a capital raise of nearly €7 million for the baggage handling company Groundforce. The decision was taken over the weekend to increase the [...]
The Portuguese government has stated that resurrecting plans for a new second international airport at Alcochete (abandoning the Monsanto option) will not require a new international competition [...]
After the Government’s plans to build a secondary Lisbon international airport on the South bank of the River Tagus at Montijo were scuppered by ANAC (Portugal’s National Civil Aviation [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]