Qatar Aiways and TAP?
Feb 9, 2011, 1:22 pm
#16
Join Date: Jun 2007
Location: LIS
Programs: FB LTPE, TP Gold, All Gold
Posts: 1,180
It's been quite some time that TAP hasn't received any subsidy from the government - which, by the way, as you probably know, are forbidden by EU law.
Feb 9, 2011, 1:28 pm
#17
Join Date: Jan 2008
Location: Rio de Janeiro, Miami, Nice
Programs: Marriott Titanium, AA Concierge Key, Delta, United, Emorates, and others
Posts: 4,694
Of course. there are rules and there are techniques to avoid them. In any event TAP is far better than most state controlled airlines; it has had few unprofitable years, for example. I suspect the capital implication of a state controlled airline are no longer attractive for a number of reasons, but I am sure you know the subject better than do I.
Feb 27, 2011, 7:23 am
#18
Join Date: Mar 2009
Location: GVA,OPO
Programs: BD the last decent FFP
Posts: 1,856
New flavour of the mont
New spin is that LATAM will take 39% until end of May and could go up to 49%).
LH also interested - so called plan B
(Reason to be the B plan is that it just announced the reopening of FRA-GIG Goverment is really trying to dump TP.
Stay tunned for new unsubstantiated take overs speculations.
GBM
Feb 27, 2011, 7:38 am
#19
Join Date: Jan 2008
Location: Rio de Janeiro, Miami, Nice
Programs: Marriott Titanium, AA Concierge Key, Delta, United, Emorates, and others
Posts: 4,694
Really hate to quote myself, but here is why. [Portuguese only, sorry]
GBM
GBM
May 9, 2011, 5:55 am
#20
Join Date: Mar 2009
Location: GVA,OPO
Programs: BD the last decent FFP
Posts: 1,856