Privatization of TAP. “The process is open. This government hasn’t closed it”
The Minister for Infrastructure said today that the TAP privatization process opened by the previous government has not been closed by the current one, adding that the timetable has not been set and that this is a phase of delay. “The time table [for the privatization of TAP] has not been set, but let me […]
CGTP says TAP privatization is an economic crime and an affront to workers
The General Confederation of Portuguese Workers – National Trade Union (CGTP-IN) argued today that the privatization of TAP is an economic crime, an affront to workers and an attack on national sovereignty. “The importance of TAP makes its hypothetical privatization an economic crime,” defended the CGTP-IN, in a statement sent to the press, in which […]
Government approves TAP privatization law today
Today, the Government approved in the Council of Ministers (CM) the diploma that frames the privatization process of TAP, at a time when interested parties are beginning to be profiled. Last week in parliament, Prime Minister António Costa raised the possibility, among different scenarios, of privatizing all of TAP’s capital, although he indicated that the […]
CEO of British and Iberia owner interested in TAP privatization conditions
The chief executive of the International Airlines Group (IAG), Luis Gallego, today expressed the holding company’s interest in the conditions of the privatization of TAP, considering that “it would be something interesting” for the group. “We are always open to having big companies, big brands in our portfolio and, to be honest, we want to […]
TAP: Report should include lies and incompetence
IL President (Assembly of the Republic) Rui Rocha said today that the report of the TAP inquiry commission should include that “there was political interference”, “lies”, “incompetence” and that the State cannot “have its hand in public companies”. “In the country of António Costa [prime minister], scrutiny is done lightly, the reports do not serve […]
TAP: MEP Pimenta Lopes questions Brussels on Neeleman’s links with Airbus
Portuguese Socialist MEP João Pimenta Lopes today questioned the European Commission about the links between businessman David Neeleman and Airbus, which has allegedly damaged TAP Air Portugal by claiming 444 million euros. Mr. Pimenta Lopes is asking Brussels to evaluate TAP’s privatization process and Mr. Neeleman’s agreement with Airbus, under which the European aircraft manufacturer […]
TAP: Former shareholder Humberto Pedrosa heard today by inquiry commission
Humberto Pedrosa, who left the TAP shareholder structure at the end of 2021 after five years of participation through the Atlantic Gateway consortium, will be heard today by the parliamentary inquiry committee. Owner of the Barraqueiro group, the 75-year-old Portuguese businessman became a partner in the Atlantic Gateway consortium with Brazilian David Neeleman in 2015. […]
TAP has “tremendous difficulty” in hiring workers
“I’ve been in TAP for almost 30 years and I remember that everyone wanted” to work in the company, said the leader of the Transport Workers Union of Portugal (STTAMP) in the CPI to TAP. The leader of the Transport Workers Union of Portugal (STTAMP) said today that TAP currently has a “tremendous difficulty” in […]
Government approves independent TAP privatization evaluations
Fernando Medina, the Minister of Finance, announced today that the Council of Ministers has approved the resolution to conduct independent evaluations of TAP in order to initiate the privatization process for the airline. “The Council of Ministers approved the resolution authorizing the Ministry of Finance and Parpblica to conduct independent assessments of TAP,” Medina announced […]
Luís Rodrigues’ six jobs at the head of TAP, from the relationship with the guardianship to the summer
Luís Rodrigues’ six jobs at the head of TAP, from the relationship with the guardianship to the summer The outgoing CEO, Christine Ourmières-Widener, even said that running TAP was “the most difficult job in the country”. As of this Friday, the task falls to Luís Rodrigues. Luís Rodrigues will take the helm of TAP this […]
