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        TAP

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        By Christopher Graeme
        In News, TAP, Travel
        Posted 1 Março, 2023

        IGF Report moots possible return of controversial TAP director

        Portugal’s tax and public finances watchdog IGF has suggested in a report that Alexandra Reis, the ex-TAP director at the centre of the Golden Handshake Affair could be reintegrated into the [...]

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        By Christopher Graeme
        In News, TAP
        Posted 27 Fevereiro, 2023

        Ex-TAP director may have to return €500,000 compensation package

        Alexandra Reis, the former director of Portugal’s State-run airline TAP who received a €500,000 compensation package after serving just under 2 years in the job, may now have to refund the [...]

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        By Christopher Graeme
        In News, TAP
        Posted 22 Fevereiro, 2023

        TAP boss: “privatisation will guarantee the country’s interests”

        The CEO of TAP, Christine Ourmières-Widener says she is confident that the airline’s privatisation process will “safeguard all of the country’s interests”. The airline executive charged with [...]

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        By Christopher Graeme
        In News, TAP
        Posted 15 Fevereiro, 2023

        TAP in bid to cancel plane leasing contract

        Portugal’s State-owned airline ordered a legal opinion from the British law firm Norton Rose Fulbright, one of the largest in the world, because it wants to contest a leasing contract for 53 new [...]

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        By Christopher Graeme
        In Aviation, News, TAP
        Posted 13 Fevereiro, 2023

        TAP paid US$444 million for new aircraft

        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 [...]

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        By Christopher Graeme
        In Airlines, Companies, News, TAP
        Posted 7 Fevereiro, 2023

        Public Ministry opens TAP inquiry

        Portugal’s Public Ministry is to open an investigation into the purchase of aircraft by previous TAP administrations. In statements made to the news agency Lusa, the Procurator-General of the [...]

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        By Christopher Graeme
        In Aviation, News, TAP
        Posted 3 Fevereiro, 2023

        TAP CEO contract foresaw up to €3M bonus

        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 [...]

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        By Christopher Graeme
        In Aviation, New Airport, News, TAP
        Posted 1 Fevereiro, 2023

        TAP a “total embarrassment” say city mayors

        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. [...]

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        By Christopher Graeme
        In Aviation, News, TAP
        Posted 30 Janeiro, 2023

        TAP CEO could net €2M bonus

        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 [...]

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        By Christopher Graeme
        In Companies, News, TAP
        Posted 25 Janeiro, 2023

        TAP stumps up €8M to avert strike

        Portugal’s airline TAP and civil aviation personnel union SNPVAC have arrived at a €8 million pay package to avert a planned seven-day strike that was set to start this week. The beleaguered [...]

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