TAP

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 [...]

Former majority shareholder in Portuguese airline TAP, David Neeleman may have made €44 million in profit in the purchase and sale contract of his stake in the national carrier. The US-Brazilian [...]

Portugal’s Public Ministry is to open an investigation into the purchase of aircraft by previous TAP administrations. In statements made to the news agency Lusa, the Procurator-General of the [...]

The CEO of Portugal’s national airline TAP, Christine Ourmières-Widener was to receive a bonus of between €2.1 million €3 million under the terms of her contract if she successfully restructured [...]