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TAP - going bust or due for a takeover?


Posts: 1363
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(@tivinho)
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I was told by an airline employee (not TAP) that TAP could be in danger after Brussels has forbidden the PT government from putting more cash into the airline to shore it up.

Anyone know anything about this? I can imagine another airline would swoop in and take TAP over if this were to be the case.

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 emm
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(@emm)
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Given the appalling service and industrial relations ( pilot strikes etc) I doubt that any one would want it.
Rather like Sabena and Swiss Air, better that it goes bust and re emerges as a totally new. smaller privately owned company

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Posts: 1363
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(@tivinho)
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Given the appalling service and industrial relations ( pilot strikes etc) I doubt that any one would want it.
Rather like Sabena and Swiss Air, better that it goes bust and re emerges as a totally new. smaller privately owned company

Possibly yes but any bad business has benefits, like good airport slots and routes. Maybe Ryanair will try to buy into it. I wouldn't be surprised. It'll be bad for Portugal to lose a national carrier though - and wrong of Brussels IMO to create a scenario that makes that happen.

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(@puro_pt)
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Same story periodically... more than probably naothing will happen

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