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 [...]
The mayors of Porto and Lisbon have slammed Portugal’s state-owned airline as a “total embarrassment and disaster” in the fiercest criticism lain at the door of the airline’s administration ever. [...]
The CEO of Portuguese airline TAP, Christine Ourmières-Widener is likely to receive an extraordinary bonus worth around 80% of her salary which could be as much as €2 million. This is because the [...]
Portugal’s airline TAP and civil aviation personnel union SNPVAC have arrived at a €8 million pay package to avert a planned seven-day strike that was set to start this week. The beleaguered [...]
The extraordinary surcharge on Portugal’s property tax AIMI ( Additional Municipal Property Tax) brought municipal councils in around €144 million in 2021. The tax covered the greatest number of [...]
The CEO of Ryanair Michael O’Leary thinks that the most likely candidate to purchase TAP will be the International Airlines Group (IAG) which has British Airways. In a press conference, O’Leary [...]
The growing number of controversies, from top-of-the-range BMW car fleets for directors, to an un-sanctioned ‘compensation’ payout of €500,000 to a director who barely spent five minutes in [...]
The former president of Portugal’s stock market watchdog CMVM, Carlos Tavares, has hinted that TAP has “lied to the market” about the circumstances of the departure of one of its directors and [...]
