Privatisations

The Regional Government of the Azores (PSD/CDS-PP/PPM) admitted on Thursday that the privatisation process of Azores Airlines – a SATA Group company – could be completed by September [...]

The future of TAP is back on the agenda in Portugal’s parliament this week as the airline’s part-privatization kicks off. Portugal’s Minister of Infrastructures, Miguel Pinto Luz, told MPs that [...]

In a bid to maximise the price and attractiveness of TAP, 49% of which is to be put up for sale to large airline conglomerations next year, the Portuguese government is to provide €500 million in [...]

The total privatisation of Portuguese State-owned airline TAP now looks unlikely to go ahead anytime soon because the two main opposition parties in Portugal’s parliament are against the State [...]

The Azores Regional Government has ordered the Azores airline SATA to press ahead with the final negotiations to sell the company. And things are looking up for the future prospects of a buyer [...]

Portugal’s minister of Infrastructures, Miguel Pinto Luz believes “now is the right time” to sell TAP but has admitted that the current political crisis is a block to achieving it. “As all the [...]

Portugal’s minister of Infrastructures, Miguel Pinto Luz has continued to insist that the government’s position is for a 100% sale of national airline TAP despite opposition from the opposition [...]

A dozen national and international entities are interested in acquiring a slice of the Portuguese national carrier TAP which is to be part-privatised next year. These are in addition to the three [...]

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 [...]