Source link : https://love-europe.com/2025/08/03/portugal/portugal-faces-34-4-million-hit-following-tap-bond-default/
Portugal has incurred a financial setback following the default on a bond issued by TAP Air Portugal, resulting in a loss of $34.4 million, according to ch-aviation reports. The state-owned airline’s failure to meet its debt obligations marks a significant blow to the Portuguese government’s efforts to stabilize the carrier amid ongoing challenges in the aviation sector. This development highlights the continuing financial strain within TAP and raises questions about the future of…
Author : Jackson Lee
Publish date : 2025-08-03 00:46:00
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Author : love-europe
Publish date : 2025-08-03 08:27:00
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