Global Trade Alert
Global Trade Alert

Portugal: EUR 2.55 billion rescue aid to TAP Air

Announcement

21 Dec 2021

In December 2021, the European Commission approved EUR 2.55 billion in restructuring aid for Transportes Aéreos Portugueses (TAP Air).

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Dec 2021

Revocation date:

No revocation date

Updated: 21 Dec 2021
Capital injection and equity stakes (including bailouts) In force
<p>On&nbsp;21&nbsp;December&nbsp;2021, the EU approved a EUR 2.55 billion (approx. USD&nbsp;2.87 billion) rescue&nbsp;equity measure from Portugal in favor of Transportes A&a...
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