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British Airways and Iberia Point Obstacles to Investment without the Majority Control of the Tap
Summary by SIC Notícias
3 Articles
3 Articles
The IAG group J had admitted to need to "clear" some topics with the Government. The wife of Iberia and British Airways ambitiously ensures that they can acquire the remaining 51% of TAP in the future.
·Porto, Portugal
Read Full ArticleAn old response by the financial and sustainability of the group stated that the intention of the State to alienate at 49.9% of the TAP's capital is a "problem" for the group.
The IAG, a group owned by British Airways and Iberia, considers it a problem to acquire only a minority participation in the TAP, defending that only with majority control will the company be able to transform and increase operational margins by 8% to 12-15%.
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