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Planes. Tap Air Portugal restructuring plan in November

Government will hand it over to Brussels

A fact that certainly will not please the low-cost airline Ryanair: the latter did not like the state aid granted to Tap Air Portugal (read also the article published by AVIONEWS), but Lisbon is ready to present a restructuring for the company no later than next November. The document will be delivered to the European Commission and, if approved, a more than massive rescue loan will be repaid. In fact,...

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Lisbon, Portugal, 10/14/2020 11:54
AVIONEWS - World Aeronautical Press Agency

AirlinesTap Air crisis between layoffs and planes to sell

The carrier will send 3600 employees home

Unfortunately, the coronavirus does not forgive: it does not with people, as we have been realizing for many months, and not even with companies. In the field of air transport, the carrier Tap Air Portugal... more

AirlinesRyanair appeals against Tap Air Portugal rescue

Flag carrier's aid was not welcome

Ireland against Portugal or rather Ryanair against Tap. Low-cost airline has openly contested the rescue plan guaranteed by Lisbon for Tap Air Portugal, the Lusitanian national airline. Aid amounts to... more

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