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TAP

TAP Confirms 28 April Sale of 49.9% SPdH Handling Stake to Menzies Aviation as European Commission Restructuring-Plan Commitment — Sérvulo Advisory Surfaces Tuesday 18 May, Closing Subject to Remaining Conditions Precedent

TAP Confirms 28 April Sale of 49.9% SPdH Handling Stake to Menzies Aviation as European Commission Restructuring-Plan Commitment — Sérvulo Advisory Surfaces Tuesday 18 May, Closing Subject to Remaining Conditions Precedent

TAP Air Portugal signed the contracts disposing of its 49.9% stake in SPdH — Serviços Portugueses de Handling to Menzies Aviation Portugal on Tuesday 28 April 2026 , with the deal surfacing publicly on Monday 18 May 2026 through the advisory...
The Portugal Brief
TAP Has Until Wednesday 13 May to Defend Against Azul's €189 Million Action in the Tribunal de Lisboa — Brazilian Carrier Argues the 2016 Bond's Security Agreement Was Never Constituted, TAP SGPS Counters With a Suprimento Reclassification

TAP Has Until Wednesday 13 May to Defend Against Azul's €189 Million Action in the Tribunal de Lisboa — Brazilian Carrier Argues the 2016 Bond's Security Agreement Was Never Constituted, TAP SGPS Counters With a Suprimento Reclassification

TAP has until Wednesday 13 May to file its defence to Azul's €189 million civil action in the Tribunal da Comarca de Lisboa. The Brazilian carrier argues TAP never constituted the Security Agreement promised in the 2016 bond — a €90 million principal plus a decade of interest.
The Portugal Brief