| |

Brazilian Government Open to Facilitate TAP-Azul Debt Agreement Without Direct Intervention

Brazil’s government has indicated willingness to facilitate an agreement between TAP Air Portugal and Brazil’s Azul regarding a €200 million debt but emphasized no governmental interference. Silvio Costa Filho, Brazil’s Minister of Ports and Airports, reiterated this stance following discussions in Lisbon with Portuguese officials, including Miguel Pinto Luz, Portugal’s Minister of Infrastructure. Both governments have agreed to respect the legal process involved and allow the debt resolution to progress naturally.

Please SUBSCRIBE to view the full content.
First month of membership is free!

Similar Posts