TAP Portugal A340-300. By Rob Finlayson TAP Portugal is moving toward an expected full privatization by year end following president Cavaco Silva’s approval placing the carrier and its subsidiaries up for sale (ATW Daily News, Nov. 24, 2011). TAP's expected privatization is part of Portugal’s €78 billion ($100.9 billion) international bailout agreement by the EU and the International Monetary Fund in 2010 (ATW Daily News, Nov. 25, 2010). Three ...

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