TAP is likely to retain its status as a hub for South America, Europe and Africa but faces the number of slots and the times it blocks those slots reduced following pressure from low-cost [...]
The president of euroAtlantic airways, a small schedule and non-Schedule Portuguese International Airline, believes that the EU Commission will not accept TAP’s restructuring plan in its present [...]
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 [...]