The first quarter of 2024 may not be as good as expected for Portuguese airline TAP in comparison to one of its potential buyers, International Consolidated Airlines Group (IAG), which released [...]
TAP posted a record net profit of €177.3 million — the highest profit ever registered by the company. Profits were up €111.7 million on 2022 when the company posted €65.6 million; its first [...]
Former TAP CEO Christine Ourmières-Widener has accused Finance Minister Fernando Medina of blackmail and of sacking her for political reasons — statements that were contradicted yesterday by [...]
Portugal’s State airline TAP has claimed this week that the contract with its ex-CEO Christine Ourmières-Widener was “precarious and could have been terminated at any time” because “no management [...]
Former TAP CEO Christine Ourmières-Widener, who was fired from her job over a “just cause” says that doors are slamming in her face from working for listed companies and says her career has been [...]
Following the example of Moody’s, the ratings agency Standard & Poor’s has improved the risk level of Portuguese airline TAP from B+ to BB- with “stable outlook”. It says it expects more [...]
The rules and regulations governing tenders for the privatisation of Portuguese State airline TAP could be postponed until the spring of next year due to the current political turmoil in Portugal [...]
The US ratings agency Moody’s has increased the debt rating of Portuguese airline TAP from B2 to B1 with a stable outlook ahead of its privatisation next year. It said that its “strong and [...]
Portugal’s former Minister of Infrastructure and Housing, Pedro Nuno Santos stood up in parliament on Monday and told the Prime Minister António Costa that the bottom line for the privatisation [...]
Portugal’s Finances minister, Fernando Medina says that the sale price of State-owned airline TAP is the “least important” consideration out of the five priorities that have been identified by [...]
