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Whats the latest on Portugals TAP?

The European Commission approved on Wednesday a further, smaller aid measure from Portugals government for the countrys ailing flag carrier TAP, having also signed off on a 2.55 billion euro rescue plan for the airline this week.

Is Reuters a part of Thomson Reuters?

Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data. Since the acquisition of Reuters Group by the Thomson Corporation in 2008, the Reuters news agency has been a part of Thomson Reuters, making up the media division.

What is the parent company of Reuters?

The parent company, now known as Thomson Reuters Corporation, is headquartered in New York City. Its stock is listed on the New York and Toronto stock exchanges. Created from the Thomson Corporations 2008 acquisition of Reuters, Thomson Reuters is a comprehensive multinational media and financial data and news resource.

What isReuters?

What is Reuters. Reuters is a global information provider headquartered in London, England, that serves professionals in the financial, media and corporate markets. Reuters was a standalone global news and financial information company headquartered in London until it was bought by Thomson Financial Corporation in 2008.

How did TAP Air Portugal perform in 2019?

TAP Air Portugal had its best year ever in 2019, with more than 17 million passengers carried, an increase of 8.2% over the previous year. And there are the glistening new planes, a total of 30 new-generation aircraft delivered last year. The average age of TAPs fleet is less than 4 years, compared with 15 years in 2018.

What does the renationalisation of TAP Air Portugal mean for passengers?

The Portuguese government announced Thursday the renationalisation of its flagship airline TAP Air Portugal. The state will acquire 72.5% of the capital to prevent... The unruly behaviour of an air passenger may constitute an ‘extraordinary circumstance’ capable of exempting the carrier from its obligation to pay compensation for...

What are taps new destinations in Europe?

Departing from Lisbon, Zagreb, Fuerteventura and Ibiza are TAPs new destinations in Europe. TAP will fly... Just in time for the summer vacation in Bavaria, TAP Air Portugal is resuming its flights from Munich: The Portuguese airline will bring vacationers...

Can TAP Air Portugal change its DNA?

But TAP Air Portugals managers acknowledge that it will take more than new planes and new staff to change the companys DNA. And if you flew on the Portuguese flag carrier before it privatized, you probably know — the DNA needed changing. The old TAP was synonymous with second-rate service.

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