China’s HNA Group to buy TAP Portugal shares
China’s HNA Group will buy an initial 7% stake in Atlantic Gateway, a private consortium that owns 50% of TAP Portugal. This could raise a stake that could reach up to 20% of the Portugal flag carrier, TAP spokesperson Isabel Palma confirmed to ATW in Lisbon. Meanwhile, the Portuguese government...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.