Portuguese carrier TAP bears €85.1m loss in 2014
Portuguese flag carrier TAP
Lisbon - XINHUA
Portuguese flag carrier TAP saw losses amounting to 85.1 million euros (90.21 million U.S. dollars) last year, the Lusa News Agency reported Friday.
The state-owned airline swung to a loss for the second consecutive year, due to delays in the arrival of aircraft and successive strikes over the holiday periods.
The losses were also aggravated due to TAP in Brazil, which saw a negative net result of 22.6 million euros in 2014, according to Lusa.
These results come as the government selects a bidder to buy a 66 percent stake of the company, as Portugal is struggling to boost the country's fragile economy.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 00:56 2015 Monday ,21 September
Saudi king, condole UAE president over Dubai ruler son death
GMT 14:45 2017 Wednesday ,08 November
Real estate a 'powerful' tool of UAE-India economic
GMT 07:16 2017 Friday ,28 July
Arab singer Balqees Fathi to perform at DSS
GMT 22:23 2017 Friday ,17 November
Tesla unveils new semi-truck, new Roadster sports car
GMT 05:47 2015 Saturday ,25 July
Chris Brown parties in Macau as Philippines jails promoterGMT 01:29 2012 Wednesday ,16 May
Meatball sandwich
GMT 12:17 2014 Sunday ,14 September
You can classify words in your sleep
GMT 11:06 2017 Friday ,12 May
Final push on Syria's Raqa in early summer
GMT 15:54 2017 Friday ,01 September
Vice President and Abu Dhabi Crown Prince host UAE Rulers
GMT 12:40 2017 Saturday ,29 July
Expats, Pakistanis hail court ruling
GMT 16:56 2017 Friday ,01 September
Nearly 1,500 Russian athletes took doping tests
GMT 02:56 2015 Friday ,08 May
Super Bowl win not tainted by 'Deflategate'
GMT 15:32 2017 Thursday ,04 May
Turkey assures India of full support in fight against terror
GMT 14:01 2014 Tuesday ,06 May
Best house furniture
GMT 16:34 2017 Sunday ,12 November
Bahrain’s human rights record praised
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor