Global Trade Alert
Global Trade Alert

Portugal: Introduction of EUR 107.7 million state aid to TAP Air

Announcement

21 Dec 2021

In December 2021, the European Commission approved a EUR 107 million state loan aid measure in order to support Transportes Aéreos Portugueses (TAP Air). 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Dec 2021

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 21 December 2021, the EU approved a EUR 107 million (approx. USD 120 million) state aid measure from Portugal in favour of Transportes Aéreos Portugueses (TAP Air), in order to compensate the compa...

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