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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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AVIONEWS - World Aeronautical Press Agency
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