A French high-flying executive has been tipped as the next CEO for Portuguese airline TAP. Christine Ourmières-Widener is said to be the personal favourite of Portugal’s minister of [...]

TAP recorded losses of €365 million for the first three months of the year because of the Europe-wide lockdown. €109.8 million of the net loss result had to do with net exchange differences. [...]

Portuguese national airline TAP has made an agreement with several banks to postpone payments of its debts beyond the end of the moratoria period in September this year. Furthermore, the State’s [...]