Prosecutor investigating purchase of new planes by former TAP management
Suspicions company paid 20% ‘over the odds’ in leasing deal for 53 Airbus Portugal’s public prosecutor’s office has opened an investigation into the case of the purchase of TAP aircraft
TAP’s privatisation process close to being decided – finance minister
Fernando Medina describes airline’s “very good performance” The privatisation process of flagship airline TAP will “soon” go to the Council of Ministers, Finance Minister Fernando Medina said today. “I hope
Backbiting continues on TAP CEO’s multi-million euro bonus
Political backbiting continues on the issue of the multi-million bonus that may be due to the CEO of TAP in 2025. Minister for Infrastructures João Galamba stressed over the weekend
TAP CEO ‘bonus’ in double shock: it’s not €2 million, it’s €3 million
… but it’s also ‘invalid’ With the commission for inquiry into the management of TAP preparing to move forwards, there has been a ‘new shock’ for TAP watchers: the “pornographic”
TAP CEO’s ‘pornographic’ bonus “could alleviate staffing cuts” at airline
Much of the outrage following revelations of the €2 million ‘bonus’ payable to TAP CEO Christine Ourmières-Widener if she achieves the objectives of the airline’s restructuring plan is that no-one
TAP CEO stands to receive “pornographic” €2 million bonus
Being widely repeated today by national media is the claim by Correio da Manhã that TAP CEO Christine Ourmières-Widener stands to receive a €2 million ‘bonus’ if the objectives of
TAP likely to be bought by IAG
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 had
TAP strike averted: unions and management reach new agreement
The ‘crippling’ week-long strike looming at TAP has been averted as cabin crew syndicate SNPVAC has reached key agreements with management. Principal ‘victories’, explain reports, have been the ‘unfreezing’ of
TAP strike will affect 1,316 flights and cost company up to €68 million
Strike will also “put at risk forecast relief in salary cuts” Trouble-torn flagship airline TAP heard yesterday that its proposals to cabin crew syndicate SNPVAC still do not cut the
TAP CEO questioned in parliament; throws former Secretary of State under bus
TAP CEO Christine Ourmières-Widener has been answering questions in parliament today over her handling of the €500,000 golden handshake furore that has precipitated various high-level resignations and allegations of mismanagement