TAP

An ex-director of cash-strapped Portuguese airline TAP who had been on a salary of €245,000 per annum for three years and who was awarded a €500,000 fat cat “compensation package” for [...]

IAG, the umbrella company that owns British Airways, could make an offer to buy a controlling share in Portugal’s national carrier TAP. IAG (International Airlines Group), which also has Spanish [...]

The former majority shareholder in airline TAP, David Neeleman, has asked the Portuguese government stop using the airline as a political “weapon”. Instead, the entrepreneur who owns JetBlue said [...]

Just as it was getting over a mountain of criticism over the lease of some 80 luxury cars from BMW, Portugal’s embattled national airline carrier TAP is the centre of another storm. This time [...]

The US fund Certares which owns a 40% capital stake in the Porto-based river cruise company Douro Azul controlled by Mário Ferreira, is pondering a capital investment in Portugal’s airline TAP. [...]

Portuguese airline TAP may have to pay compensation costs to BMW because it had already signed a contract for the long-lease of 79 vehicles for its board members and senior management figures. [...]

TAP has now decided not to sign a long-term leasing contract with BMW for a new fleet of top-of-the-range cars following mounting political pressure, including comments from the President of the [...]

Portugal’s airline TAP has decided to renew its fleet of cars by leasing top-of-the-range BMWs with a showroom cost of between €52,000 and €65,000. The airline has justified its decision to rent [...]

Portuguese national carrier TAP has reached an agreement with the Portuguese Civil Aviation Pilots Union (SPAC) over allowances. The agreement was after a legal writ had been served on behalf of [...]

The German airline Lufthansa, French airline Air France and Dutch airline KLM are tipped to be the favourites to snap up Portuguese national carrier TAP. The Portuguese government aims to [...]