TAP CEO “should stick to managing”, keep opinions to himself
Portugal’s government has paid short-shrift to remarks made by TAP CEO Luís Rodrigues in an interview published today with the Financial Times. Rodrigues argued that the State should keep a
TAP loses €71.9M in first quarter: “worse than last year”
Portugal’s (still) State-owned airline TAP made a loss of €71.9 million in the first quarter of the year, worse than in the same period last year, but an improvement on
Air France-KLM interested in possible minority stake in TAP
The Air France-KLM group said today that a minority position in TAP ‘could be interesting’ if it aligns with its objectives but considers it speculative to provide more information while
Air France-KLM group still ‘very interested’ in buying TAP
AD government committed to re-privatisation of TAP The Air France-KLM airline group has said today that it remains “very interested” in the possibility of buying TAP as part of the
TAP’s net 2023 profit “almost triples compared to previous year”
Future of airline saved by State cash injections still unclear Portugal’s national airline, TAP, achieved its highest ever net profit last year, at €177.3 million, while revenues exceeded €4 billion
Former TAP CEO accuses finance minister of blackmail
Minister denies accusation Former TAP CEO Christine Ourmières-Widener has accused Finance Minister Fernando Medina of blackmail and of sacking her for political reasons – statements that have been contradicted today
Socialist programme “makes no reference to reprivatisation of TAP”
But introduces new measure involving State paying mortgages of “families in difficulty” National media has been reacting to the ‘return’ of Socialist leader Pedro Nuno Santos, whose concern over the
PSD attacks latest allegations about former TAP CEO
PSD social democrats have reacted to the news that TAP is counter-suing former TAP CEO Christine Ourmières-Widener, claiming she committed three crimes during her tenure, suggesting the arguments are yet
TAP goes on attack against former CEO claiming €5.9 million in compensation
TAP has gone on the attack against former CEO Christine Ourmières-Widener sacked on live television last year, and now claiming €5.9 million for what her lawyers present as unfair dismissal.
TAP not planning to invest in Algarve any time soon
TAP “does not have conditions” to invest in Algarve, CEO says The CEO of TAP has gone on record saying that the national airline “does not have the conditions” to