Tag: TAP airline

• Wednesday, May 28th 2014 - 00:19 UTC

  Venezuela airline tickets to rise 350% beginning July first; part of a deal to pay pending debt

  

  As airlines cut service to Caracas and Venezuela struggles with a continuing debt crisis, the government of President Nicolás Maduro revealed that it would raise all international airline ticket prices by 350%. The measure should allow to pay part of the 4 billion dollars owed to foreign airlines, according to the government.

• Saturday, May 24th 2014 - 07:22 UTC

  Maduro blames the World Cup for airlines decision to cut flights to Venezuela

  

  President Nicolás Maduro said the World Cup is to blame for international airlines’ decision to cut flights to Venezuela and denied that the move had anything to do with his government's refusal to allow them to repatriate proceeds from ticket sales inside the country.

• Monday, October 8th 2012 - 06:12 UTC

  Portugal’s flag air carrier could end up purchased by Brazilian group

  

  Portugal’s auction of state-owned airline TAP SA has been shunned by Europe’s three biggest carriers, boosting prospects for a Latin American takeover of a company analysts say may fetch 500 million Euros.