TAP

TAP SA requested that the insolvency of Siavilo, formerly TAP SGPS, to be decided urgently at a court of justice on July 10 after informing the government of the same decision.   Currently, as [...]

The future of TAP is back on the agenda in Portugal’s parliament this week as the airline’s part-privatization kicks off. Portugal’s Minister of Infrastructures, Miguel Pinto Luz, told MPs that [...]

In a bid to maximise the price and attractiveness of TAP, 49% of which is to be put up for sale to large airline conglomerations next year, the Portuguese government is to provide €500 million in [...]

Portugal’s government has now received valuations for national airline TAP from EY and Finantia bank in preparation for the carrier’s sale according to Bloomberg. The Ministry of Finances [...]

TAP SGPS, which had until June 23 to pay a €177 million debt from 2016 to the Brazilian airline Azul, has defaulted on the loan with the airline now having to go to court to try and recover the [...]

The total privatisation of Portuguese State-owned airline TAP now looks unlikely to go ahead anytime soon because the two main opposition parties in Portugal’s parliament are against the State [...]

The former TAP SGPS, now renamed SIAVILO, has until June 23 to pay a €177 million debt which had been contracted in the form of a loan in 2016 from the Brazilian airline Azul and Parpública, an [...]

It’s full steam ahead for the privatisation of Portugal’s State-owned airline TAP with the rules of the game set for potential buyers. This is according to the Secretary of State for [...]

Portugal’s soon-to-be-privatised airline TAP posted a loss of €108.2 million, up €18.1 million on the same period in 2024. The results were disappointing because of a fall in air passenger [...]

Portuguese airline companyTAP SGPS, now renamed SAIVILO, has been deemed to have formally defaulted on a €237 million bond loan from the Brazilian airline Azul controlled by airline mogul David [...]