The three main European airline giants, Lufthansa, IAG and Air France KLM, which have expressed an interest in buying a controlling stake in Portuguese airline TAP, are likely to make a bid in [...]
Portugal’s Barraqueiro Group, owned by former TAP shareholder Humberto Pedrosa, is exploring joining forces with a national consortium or one of the three international airline groups to make a [...]
The Portuguese baggage handling company Groundforce is likely to see an insolvency and restructuring plan and a new majority shareholder within a matter of weeks. The decision will be officially [...]
The Magellan 500 Group, one of the possible developers of Lisbon’s new International airport with a suggested site at Santarém, has formed a partnership with the Spanish company Ferrovial for [...]
The major European airlines conglomerate IAG (International Airlines Group) which combines leading airlines British Airways, Iberia, Vueling, Aer Lingus and LEVEL (IAG’s new low-cost airline [...]
The former private shareholder of Portuguese airline TAP, David Neeleman, has hit out against criticisms and veiled accusations about his conduct when he purchased and later sold his share in the [...]
TAP posted a loss of €57 million in Q1 after last year’s annual results saw profits of €65.6 million. In Q1 the airline, currently the subject of a parliamentary inquiry over its management, [...]
ANA, the company that manages Portugal’s airports, is likely to present a bill to the Government for €16.9 million on studies for the new complementary airport at Montijo on the south bank of the [...]
A Portuguese commission hired to study the technical and scientific viability options for expanding Lisbon’s airport capacity has announced nine possible choices for Lisbon’s new International [...]
Azores Airlines and Air Açores – both belonging to the SATA Group – enjoyed its best year ever in terms of revenues, despite suffering net financial losses of €32.4 and €2.5 million, [...]
