The extraordinary surcharge on Portugal’s property tax AIMI ( Additional Municipal Property Tax) brought municipal councils in around €144 million in 2021. The tax covered the greatest number of [...]
The CEO of Ryanair Michael O’Leary thinks that the most likely candidate to purchase TAP will be the International Airlines Group (IAG) which has British Airways. In a press conference, O’Leary [...]
The growing number of controversies, from top-of-the-range BMW car fleets for directors, to an un-sanctioned ‘compensation’ payout of €500,000 to a director who barely spent five minutes in [...]
The former president of Portugal’s stock market watchdog CMVM, Carlos Tavares, has hinted that TAP has “lied to the market” about the circumstances of the departure of one of its directors and [...]
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 [...]
