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 [...]
Portugal’s national carrier TAP saw its market share fall 28.3% in Q2 of 2022 despite a strong recovery in air traffic following the lifting of pandemic restrictions. Nevertheless, April and June [...]
Portugal’s supreme court has ordered the country’s national airline TAP to shell out €50 million in compensation to its pilots. The court said that it agreed with the pilots union [...]
Portuguese airline TAP has expressed regret that it has been unable to reach an agreement with its pilots. The problem is that the TAP board, its unions claim, has refused to call employee [...]
