EU Approves €462M Pandemic Support For TAP Portugal

TAP
Credit: Rob Finlayson
The European Commission (EC) has allowed the transfer of €462 million ($560 million) in COVID-19 pandemic damages from the Portuguese state to TAP Air Portugal but the airline is still waiting on EC approval for its turnaround plan. TAP was granted €1.2 billion in Portuguese rescue aid in June 2020...

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