The Azores Regional Government has ordered the Azores airline SATA to press ahead with the final negotiations to sell the company. And things are looking up for the future prospects of a buyer [...]
Portugal’s minister of Infrastructures, Miguel Pinto Luz believes “now is the right time” to sell TAP but has admitted that the current political crisis is a block to achieving it. “As all the [...]
The CEO of Vinci Concessions, Nicolas Notebaert has reaffirmed the European airports management group’s commitment to investing in Portugal. The president of France’s Vinci Airports, which owns [...]
Banco Finantia and EY will deliver their valuations for Portugal’s national airline TAP to the Portuguese government on March 17 in preparation for the airline’s total or part privatisation. The [...]
The company that manages Portugal’s airports, ANA – Aeroportos de Portugal, enjoyed record revenues of €1.267Bn on the back of the country ’s bumper tourism numbers. The business turnover [...]
The General Court of the European Union (CJEU) has dismissed Ryanair’s appeal opposing the Portuguese State’s financial support for national airline TAP, approved during the pandemic, which [...]
Portugal’s government announced on Tuesday that it had acquired all the shares in airline Portugália, Cateringpor and TAP health care unit UCS from the holding company TAP. All three companies [...]
The Vinci airports subsidiary that runs Portugal’s 11 airports, ANA Aeroportos de Portugal, is considering raising airport taxes by 50% to 9.8% from 2026 to pay for its share of Lisbon’s new [...]
The airline conglomerate IAG, which owns British Airways and Iberia, has promised that if its eventual bid for Portuguese State airline TAP is successful, it will develop a TAP hub at Lisbon [...]
Luis Gallego, CEO of the International Airlines Group (IAG), has revealed that the purchase of TAP Air Portugal would be a strategic move to consolidate a dual hub in southern Europe, integrating [...]