Portugal Increases TAP Stake To 72.5%

TAP Air Portugal
Credit: TAP Air Portugal / Twitter
The Portuguese government has completed its acquisition of a further 22.5% stake in TAP Air Portugal, previously held by David Neeleman’s Atlantic Gateway consortium, increasing the state’s shareholding to 72.5%. The ownership change forms part of a financing agreement, which TAP announced on July...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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