Minister expects to choose TAP's new buyer by summer
The Infrastructure minister said the Government had a different understanding of the deal, since it 'ideologically believes' in a 100% privatisation.
'We believe that by the summer we will have concluded the process': Pinto Luz anticipates choice of TAP's new buyer
The IAG group, Air France-KLM and the German airline Lufthansa are the companies interested in buying TAP.
TAP: Infrastructure Minister anticipates choice of new buyer by the summer
Infrastructure Minister Miguel Pinto Luz said in Lisbon today that the selection of a new buyer for a 49.9% stake in TAP is expected to be completed by the summer.
European Commission extends deadline for divestment of TAP and SATA assets
On Monday the European Commission extended the deadlines for airlines SATA and TAP to complete the divestment of assets, a condition for the restructuring aid granted by the Government. In a statement, the EU Executive said it had accepted Portugal's request to extend the deadline until 31 December 2026 for the company...
European Commission extends deadline for disposal of TAP and SATA assets
These disposals are conditions for the approval of the restructuring aid granted by Portugal to SATA in June 2022, totalling €453.25 million.
TAP to sell part of Cateringpor
Home News TAP to sell part of Cateringpor TAP to sell part of Cateringpor TAP has launched a public tender for the sale of 51% of Cateringpor, with a base price of 9. 57 million euros, as part of the obligations foreseen in the restructuring plan agreed with the European Commission.
TAP launches tender to sell 51% of Cateringpor with a base price of €9.6 million
The decision was taken by resolution of the board of directors on 23 December 2025.
TAP launches public tender to sell Cateringpor; base price €9.6 million
TAP's board of directors approved launching a public tender to divest its 51% stake in Cateringpor. The base price is €9.57 million and bids must be submitted by 13 February. The decision, taken on 23 January, foresees the 'disposal of an indivisible lot ...'
Parpública sends invitations today for proposals to privatise TAP
Non-binding proposals will include a financial component, including the price offered for the shares.
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.
TAP launching new Portugal routes
Home News TAP launching new Portugal routes TAP launching new Portugal routes TAP will launch a new route between the city of Porto and Terceira Island in the Azores, starting March 29, 2026, with four flights per week.
TAP: Proceeds from sale of catering and Menzies remain with the State
TAP's stakes in the catering and handling companies will be sold, as agreed with Brussels, but outside the airline's privatisation. The proceeds will go to the State.
TAP land excluded from privatisation; proceeds from sale of handling company and Cateringpor to revert to the State
The Council of Ministers decided that the so‑called TAP enclave will be excluded from the scope of the privatisation, as will Cateringpor and the handling company SPdH. Miguel Pinto Luz believes that competition among the three giants will drive up the price paid for the airline.
Record: TAP carries over 2 million passengers between Brazil and Portugal
Portuguese airline TAP has set a record by carrying over 2 million passengers on routes between Brazil and Portugal, indicating increased demand and strong traffic between the two countries.
TAP blocks flight reservations for day of general strike
TAP Air Portugal has blocked off reservations for the day of the general strike (next Thursday, December 11) stressing that it will only be operating ‘minimum services’. “We do not The post TAP blocks flight reservations for day of general strike appeared first on Portugal Resident.
