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 [...]
The Prime Minister Luís Montenegro spelled out this Thursday that without retaining TAP’s hub in Portugal and the operation of strategic routes (to Brazil and Africa) to the country being [...]
Azul, the airline founded by David Neeleman, has threatened to tear up its partnership with TAP if it does not pay back a debt of €200 million because of a bond loan made in 2016. The partnership [...]
Portuguese airline TAP has around €490 in past losses that are tax deductible, an amount that adds value to the company and will benefit the eventual shareholder when the carrier is privatised. [...]
The Portuguese government says it does not know if anything resulted from an investigation from the previous government and the European Union over the role of Airbus in the privatisation of TAP [...]
