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Portugal takes over TAP air

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The Portuguese government announced Thursday the renationalisation of its flagship airline TAP Air Portugal. The state will acquire 72.5% of the capital to prevent a collapse of the airline due to the coronavirus crisis. The government already owns 50% of the shares and will invest 55 million euros to increase its equity to 72.5% in the airline, considered as a strategic asset for the country: it plays an essential role in the tourism sector, one of the engines of the Portuguese economy. (www.aviation24.be) Ещё...

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vprieto2604
vprieto2604 5
Most airlines around the World will need a bailout to avoid bankruptcy. Those which get it may eventually thrive, but many will fail, too.
constancesa
CONSTANCE ANDERSON 1
TAP Airline is my favorite. Great service and product.
Peter1954
Peter1954 -9
"Portugal takes over TAP air". They are going to have a hard time trying to do that because there is no such thing as "TAP air"
constancesa
CONSTANCE ANDERSON 1
I've flown on TPA. Why are you writing this?
Peter1954
Peter1954 0
TPA = TAMPA CARGO. Must have been a very pleasant flight :-)
And there is no such thing as "TAP Air". It is either TAP (period) or complete TAP AIR PORTUGAL.

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