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        Aviation

         TAP in Groundforce €6.97 million capital raise
        0
        By Christopher Graeme
        In Aviation, News
        Posted 15 Março, 2021

        TAP in Groundforce €6.97 million capital raise

        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 [...]

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         No new tender for Alcochete option
        0
        By Christopher Graeme
        In Aviation, Infrastructure, News
        Posted 8 Março, 2021

        No new tender for Alcochete option

        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 [...]

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         Alcochete airport option on again
        0
        By Christopher Graeme
        In Aviation, Infrastructure, News
        Posted 3 Março, 2021

        Alcochete airport option on again

        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 [...]

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         TAP debt will not affect bank NPEs
        0
        By Christopher Graeme
        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
        0
        By Christopher Graeme
        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
        0
        By Christopher Graeme
        In Aviation, Companies, News
        Posted 22 Fevereiro, 2021

        Government threatens TAP unions over redundancy plan

        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
        0
        By Christopher Graeme
        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
        0
        By Christopher Graeme
        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
        0
        By Christopher Graeme
        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
        0
        By Christopher Graeme
        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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