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 Minister for Infrastructure and Housing has resigned after it was revealed that a junior minister had received a half-a-million-euro ‘golden handshake’ on her departure [...]
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 [...]
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 [...]
