Which States In India Speak Hindi All the latest breaking news on TAP Air Portugal Browse Aviation24 be s complete collection of articles and commentary on TAP Air Portugal
The Government has approved the decree law that initiates the reprivatisation process of TAP and intends to divest in the first phase 49 9 of the airline s capital the Prime Minister announced LISBON Reuters Portugal s government relaunched the long delayed privatisation of flag carrier TAP on Thursday saying it aimed to sell a 49 9 stake within a year s time and could then
Which States In India Speak Hindi
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Portugal s government plans to sell a controlling stake of at least 51 in state owned airline TAP it said on Thursday after the cabinet approved the privatisation process with a view to Portugal s minister of infrastructure and housing Miguel Pinto Luz has said in parliament today that the reprivatisation of TAP will be going ahead next year adding that the airline s reputation is solid and has been strengthening in line
Portugal expects to carry out the TAP privatization in 2025 he said in an interview in Brussels on Monday Air France KLM Deutsche Lufthansa AG and IAG SA the parent company of British Airways Star Alliance carrier TAP Air Portugal is asking US civil aviation regulators to fast track an extension of its codeshare agreement with New York s JetBlue Airways
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We have seen the news that the Portuguese Government is facing some difficulties We think it may take longer than many people think for the TAP process to move forward said the German group s CEO Carsten Spohr in TAP Air Portugal saw annual profits plummet by almost 70 as it faced a very challenging 2024 The Portuguese flag carrier reported net income of 53 7 million 44 7 million down from 177 3 million the previous year despite a record 4 2 billion 3 5 billion in operating revenues
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All the latest breaking news on TAP Air Portugal Browse Aviation24 be s complete collection of articles and commentary on TAP Air Portugal

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The Government has approved the decree law that initiates the reprivatisation process of TAP and intends to divest in the first phase 49 9 of the airline s capital the Prime Minister announced

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