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Airplanes and airlines. Portuguese government sells TAP airline
Lisbon, Portugal - The privatization was imposed by the European Union and the International Monetary Fund
The Portuguese Government decided to sell 66% of TAP airline’s shares. The State will maintain control over 34%, but could sell it in the near future. A first attempt to privatize the entire company’s capital failed in 2012. According to the current project, presented yesterday, 5% will be destined to employees, while 61% will be offered to private investors. There are already four candidates. One...
AVIONEWS - World Aeronautical Press Agency - 1164193
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency