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In a bid to avoid a “day of chaos”, TAP’s management has sent out a ‘change your flight plans’ appeal to the 40,000 passengers likely to be affected by the pilots’ strike on August 9.

An announcement on the company’s Facebook page says: “

As the trouble-beset Grupo Espírito Santo faces another decisive week, the Portuguese government is reported to be “very worried”. Losses have without doubt exceeded the group’s capital cushion (€2.1 billion), indeed they are predicted to top €3

As Portugal’s news media carries daily ‘exclusives’ on the ongoing meltdown at the Espírito Santo banking empire, it is now very clear why politicians of all persuasions are keeping surprisingly quiet.

Banco Espírito Santo (BES) funded

News from Portugal

Powerful people are still able to manipulate the justice system in Portugal. This is the view of securities regulator Carlos Tavares who gave evidence to the parliamentary commission investigating the ongoing scandal...

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Algarve

Gonçalo Amaral insists that the lawfulness of his book Maddie: A Verdade da Mentira is “indisputable” and has reiterated that he may file a counter

Portugal’s disgraced BES bank chief and Deputy PM Paulo Portas travel to Angola in separate bids for financial support
Portugal

Angola is the chosen destination this week of Deputy PM Paulo Portas, days after the disgraced former BES banking boss Ricardo Salgado allegedly tr

TAP airline in crisis as Portuguese entrepreneur announces multi-million euro purchase bid
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The crisis within TAP Portugal went into overdrive this weekend after pilots voted for a one-day strike on August 9.

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It has been hailed as the end of one of the “most influential centres of power” in Portugal’s political, social and financial world.

Latest in Portugal Resident

TAP appeals to 40.000 passengers: “reschedule your flights!”
Top Stories

In a bid to avoid a “day of chaos”, TAP’s management has sent out a ‘change your flight plans’...

Top Stories

As the trouble-beset Grupo Espírito Santo faces another decisive week, the Portuguese government...

Sport

Portimonense's first competitive match of the 2014/15 playing period ended in a 4-1 opening...

BES: €15 million funding of Portugal’s major political parties now under scrutiny
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As Portugal’s news media carries daily ‘exclusives’ on the ongoing meltdown at the Espírito...

News Stories

TAP appeals to 40.000 passengers: “reschedule your flights!”
In a bid to avoid a “day of chaos”, TAP...
Portimonense's first competitive match...