Portugal’s government announced on Tuesday that it had acquired all the shares in airline Portugália, Cateringpor and TAP health care unit UCS from the holding company TAP. All three companies [...]
The Vinci airports subsidiary that runs Portugal’s 11 airports, ANA Aeroportos de Portugal, is considering raising airport taxes by 50% to 9.8% from 2026 to pay for its share of Lisbon’s new [...]
The airline conglomerate IAG, which owns British Airways and Iberia, has promised that if its eventual bid for Portuguese State airline TAP is successful, it will develop a TAP hub at Lisbon [...]
The Portuguese government has reacted to a report from the company that runs the country’s 10 airports, ANA – Aeroportos de Portugal, on the construction works for Lisbon’s new Luís de [...]
Government lacked documents showing the calculations to justify €55 million payment to David Neeleman The Ministry of Infrastructure and Housing, run by Miguel Pinto Luz, has stated that it does [...]
Tap’s privatisation is attracting interest not only from airlines, but also from investment funds from the Middle East and Asia, according to online news source ECO this week. In addition [...]
The US ratings agency Standards & Poor says that TAP’s reduced fleet and congestion at the airline’s hub at Lisbon’s Humberto Delgado airport is limiting the company’s growth and revenue [...]
The Prime Minister Luís Montenegro spelled out this Thursday that without retaining TAP’s hub in Portugal and the operation of strategic routes (to Brazil and Africa) to the country being [...]
Azul, the airline founded by David Neeleman, has threatened to tear up its partnership with TAP if it does not pay back a debt of €200 million because of a bond loan made in 2016. The partnership [...]
Portuguese airline TAP has around €490 in past losses that are tax deductible, an amount that adds value to the company and will benefit the eventual shareholder when the carrier is privatised. [...]
