TAP Air Portugal News

Reuters

TAP Air Portugal Reports 35% Profit Drop Amid Forex and Wage Pressures

TAP Air Portugal announced a 35% decrease in its Q3 2024 net profit, down to 118 million euros, primarily due to foreign exchange losses and increased wage costs. Despite these challenges, TAP remains profitable, highlighting ongoing operational efficiency in a competitive market.

2024-11-19T07:30:21.534682-08:00

Paddle Your Own Kanoo

TAP Air Portugal Grounds Airbus A321neo After 130 Hamsters Escape in Cargo Hold

2024-11-17T08:26:23.883778-08:00

Reuters

Portugal Aims for 2025 TAP Air Portugal Sale with Strong Buyer Interest

2024-11-08T02:34:11.099820-08:00

Reuters

Air France-KLM Seeks Stake in TAP Air Portugal Privatization

2024-10-25T03:59:55.512410-07:00

TAP Air Portugal News Timeline

Reuters

TAP Air Portugal Reports 35% Profit Drop Amid Forex and Wage Pressures TAP Air Portugal announced a 35% decrease in its Q3 2024 net profit, down to 118 million euros, primarily due to foreign exchange losses and increased wage costs. Despite these challenges, TAP remains profitable, highlighting ongoing operational efficiency in a competitive market.

2024-11-19T07:30:21.534682-08:00

TAP Air Portugal Reports 35% Profit Drop Amid Forex and Wage Pressures

Paddle Your Own Kanoo

TAP Air Portugal Grounds Airbus A321neo After 130 Hamsters Escape in Cargo Hold An Airbus A321neo was grounded at Ponta Delgada Airport due to 130 hamsters escaping from their cages in the hold. The escape event delayed operations for several days as the crew worked to locate the animals within the aircraft.

2024-11-17T08:26:23.883778-08:00

TAP Air Portugal Grounds Airbus A321neo After 130 Hamsters Escape in Cargo Hold

Reuters

Portugal Aims for 2025 TAP Air Portugal Sale with Strong Buyer Interest Portugal's infrastructure minister announced plans for the 2025 sale of TAP Air Portugal, amidst significant interest from over 12 potential buyers. This move marks a significant moment in the country's aviation sector, promising potential growth and restructuring opportunities.

2024-11-08T02:34:11.099820-08:00

Portugal Aims for 2025 TAP Air Portugal Sale with Strong Buyer Interest

Reuters

Air France-KLM Seeks Stake in TAP Air Portugal Privatization Air France-KLM has expressed its intention to participate in the privatization of TAP Air Portugal. The group is considering various strategies, including the potential acquisition of a minority stake, as negotiations with the Portuguese government continue.

2024-10-25T03:59:55.512410-07:00

Air France-KLM Seeks Stake in TAP Air Portugal Privatization

FlightGlobal

Icelandair Expands Arctic Connectivity with New Codeshares Icelandair has signed codeshare agreements with Air Greenland and Atlantic Airways to enhance connectivity across the Arctic region. The collaboration enables seamless travel to Greenland and the Faroe Islands with a single ticket, coinciding with the upcoming international flights from Nuuk.

2024-10-18T05:08:29.405060-07:00

Icelandair Expands Arctic Connectivity with New Codeshares

Bloomberg

Portugal's TAP Air Privatization Attracts Significant Interest Portuguese Prime Minister Luis Montenegro announced that numerous companies are showing interest in acquiring shares of TAP SA, as the country moves forward with plans to privatize its state-owned airline. This development is a key step in the government's privatization strategy.

2024-10-08T14:51:30.729496-07:00

Portugal's TAP Air Privatization Attracts Significant Interest

Air Data News

Azul Demands €90M Loan Repayment from TAP Air Portugal Azul Linhas Aéreas has officially notified the Brazilian Securities and Exchange Commission (CVM) about its demand for TAP Air Portugal to repay a 90 million euro loan. This financial matter highlights ongoing tensions between the two carriers amidst their broader strategic interactions.

2024-10-04T09:49:50.995371-07:00

Azul Demands €90M Loan Repayment from TAP Air Portugal

Aviation Week

TAP Air Portugal Explores New U.S. and Canada Destinations TAP Air Portugal is evaluating options for expanding its long-haul network. The airline is considering new destinations across the United States and Canada as it plans to enhance its North American routes and strengthen strategic partnerships in the region.

2024-09-25T05:43:39.803259-07:00

TAP Air Portugal Explores New U.S. and Canada Destinations

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