After sprucing up its fleet of aircraft with 53 new Airbus NEO planes, the national carrier is about to spice up its on-board menus. The company which is never far from the headlines has [...]
Brazilian-American airline mogul David Neeleman, who is at the centre of a controversy over the way he financed a leasing deal for 53 Airbus aircraft when he was the main shareholder of TAP, has [...]
The decision to ask a former TAP director to hand back most of a €500,000 ‘Golden Handshake’ and which was followed by the dismissal of its CEO, could be about to cost the company even dearer. [...]
The CEO of Portugal’s airline TAP has been fired for ‘fair cause’ over a €500,000 ‘Golden Handshake’ paid out to an ex-director who resigned after serving less than one year in the executive [...]
The Portuguese State is likely to retain a minority shareholding in the airline TAP as it goes on the market at some time this year. The Government is currently preparing a Decree-law for its [...]
TAP is in negotiation with Airbus in order to bring the costs down from the 53 new aircraft negotiated by ex-shareholder David Neeleman putting a €444 million dent in the airline’s finances. [...]
Portugal’s tax and public finances watchdog IGF has suggested in a report that Alexandra Reis, the ex-TAP director at the centre of the Golden Handshake Affair could be reintegrated into the [...]
Alexandra Reis, the former director of Portugal’s State-run airline TAP who received a €500,000 compensation package after serving just under 2 years in the job, may now have to refund the [...]
The CEO of TAP, Christine Ourmières-Widener says she is confident that the airline’s privatisation process will “safeguard all of the country’s interests”. The airline executive charged with [...]
Portugal’s State-owned airline ordered a legal opinion from the British law firm Norton Rose Fulbright, one of the largest in the world, because it wants to contest a leasing contract for 53 new [...]
