Government Takes Control Of TAP Air Portugal

Credit: Airbus / A. Doumenjou
Portugal has become the latest European government to back its largest airline after increasing its existing stake in TAP Air Portugal from 50% to 72.5%. The government agreed to buy a 22.5% stake previously held by airline entrepreneur David Neeleman through the Atlantic Gateway consortium for €55...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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