Portuguese President Approves Privatization of TAP Air Portugal

Sapo

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The TAP task force is ready to leave and Pedro Castro is afraid that ‘this document will be highly political’ and ‘services, above all, to satisfy the parliamentary debate between a majority of parties’. The specialist in the sector makes a balance of the company’s privatization process and proposes the future.

Observador

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The Law on Privatization of the TAP points out some ways for the buyer. It may have special powers but remains on its side the responsibility to meet commitments to remain with the buyer.

Dnoticias

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Free, PCP and BE requested Parliamentary appreciation today for the Government's decree on privatization of the TAP, considering that the process is "intrinsically disastrous" and must deserve "clear rejection". This Parliamentary appreciation application was submitted today to the Assembly of the Republic, especially on the day when the Government's decree on the first stage of privatization of the TAP was published in the Journal of the Republ…

Air Journal

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Portuguese President Marcelo Rebelo de Sousa has officially approved the decree authorizing the long-awaited partial privatisation of the national company TAP Air Portugal, thus marking a decisive step in the future of the carrier. The law, now enacted, provides for the transfer of 49.9% of the company's capital, of which 44.9% will be offered to one or more strategic investors, and 5% reserved for employees of TAP. The process, now launched, of…

airliners.de

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Portugal paves the way for the re-privatisation of Tap Air Portugal. President Rebelo de Sousa signed the relevant law and concreteises the country's plans.