Portugal’s national carrier TAP has accepted to abandon around a dozen flight slots at Lisbon international airport. It has done so at the insistence of the government in order to meet new [...]
The International ratings agency Standard & Poor has warned this week that Portugal’s airline is running the risk of running out of cash with which to operate its flights. But while the [...]
In the wake of a two-day strike by the staff at baggage handlers Groundforce, ANA, the company that manages Portugal’s airports, has said it will revoke the company’s licence because it owes [...]
A strike by 81.2% of Groundforce baggage handlers who say they have not received their summer bonus salary caused mayhem at Portugal’s largest airport over the weekend. Over 650 flights to [...]
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 [...]