TAP Air Portugal Could Need Further State Support In 2021

TAP Air Portugal A321LR
Credit: Airbus
Portuguese finance minister João Leão has acknowledged that TAP Air Portugal could need further financial support in 2021, beyond the €500 million ($606.5 million) in state funding already provisioned. TAP has already announced plans to cut 2,000 jobs in 2021-2022 and reduce its operations to a...

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