TAP

Banco Finantia and EY will deliver their valuations for Portugal’s national airline TAP to the Portuguese government on March 17 in preparation for the airline’s total or part privatisation. The [...]

Portugal’s minister of Infrastructures, Miguel Pinto Luz has continued to insist that the government’s position is for a 100% sale of national airline TAP despite opposition from the opposition [...]

Portugal’s government announced on Tuesday that it had acquired all the shares in airline Portugália, Cateringpor and TAP health care unit UCS from the holding company TAP. All three companies [...]

The airline conglomerate IAG, which owns British Airways and Iberia, has promised that if its eventual bid for Portuguese State airline TAP is successful, it will develop a TAP hub at Lisbon [...]

TAP posted a profit of €118.2 million in the first nine months, a period in which it increased revenues from tickets and the aircraft maintenance business. The result benefits from the €117.8 [...]

A dozen national and international entities are interested in acquiring a slice of the Portuguese national carrier TAP which is to be part-privatised next year. These are in addition to the three [...]

Luis Gallego, CEO of the International Airlines Group (IAG), has revealed that the purchase of TAP Air Portugal would be a strategic move to consolidate a dual hub in southern Europe, integrating [...]

Government lacked documents showing the calculations to justify €55 million payment to David Neeleman The Ministry of Infrastructure and Housing, run by Miguel Pinto Luz, has stated that it does [...]

Tap’s privatisation is attracting interest not only from airlines, but also from investment funds from the Middle East and Asia, according to online news source ECO this week. In addition [...]

The US ratings agency Standards & Poor says that TAP’s reduced fleet and congestion at the airline’s hub at Lisbon’s Humberto Delgado airport is limiting the company’s growth and revenue [...]