Aviation

Top brass members of TAP may have received around €1.2 million in bonuses and €19 million in salaries through the provision of services to Atlantic Gateway at the time that Brazilian-American [...]

Former majority shareholder in Portuguese airline TAP, David Neeleman may have made €44 million in profit in the purchase and sale contract of his stake in the national carrier. The US-Brazilian [...]

The CEO of Portugal’s national airline TAP, Christine Ourmières-Widener was to receive a bonus of between €2.1 million €3 million under the terms of her contract if she successfully restructured [...]

The mayors of Porto and Lisbon have slammed Portugal’s state-owned airline as a “total embarrassment and disaster” in the fiercest criticism lain at the door of the airline’s administration ever. [...]

The CEO of Portuguese airline TAP, Christine Ourmières-Widener is likely to receive an extraordinary bonus worth around 80% of her salary which could be as much as €2 million. This is because the [...]

Portugal’s Minister of the Economy, António Costa Silva has suggested that the IAG group which has British Airways/Iberia/Air Lingus could be the buyer for TAP. However, there are those who [...]

The CEO of Ryanair Michael O’Leary thinks that the most likely candidate to purchase TAP will be the International Airlines Group (IAG) which has British Airways. In a press conference, O’Leary [...]

An independent technical commission which has begun working on studying various locations for Lisbon’s new international airport has admitted it may reject some of the options put forward by the [...]

Portugal’s national airline TAP will close 2022 with a profit for the first time since 2017 according to CNN and ECO online news. The good news for the airline, which has suffered nothing but bad [...]

Portugal’s airline TAP has announced a cash injection operation of €980 million of State money into the business. The injection will be done in tranches – the first of €294 million was made [...]