The Lisboeta

Insolvency of former TAP SGPS investigated over suspicion it was deliberately caused

Tuesday, 23 December 2025RSS
Insolvency of former TAP SGPS investigated over suspicion it was deliberately caused

The courts will examine whether the insolvency of the former TAP SGPS was deliberately triggered by its directors.

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Context & Explainers

TAP Air Portugal is Portugal’s flag-carrier airline, founded in 1945 and based at Lisbon’s Humberto Delgado Airport, operating domestic, European and intercontinental routes. For expats it matters because TAP runs many of the main connections to Portugal (including transatlantic routes), so its schedules, fares and operational decisions directly affect relocation, visits and shipping of household goods.