Air Transport World

TAP Portugals.(TAP Portugals acquires PGA Portugalia Airlines)

* TAP Portugals acquisition of PGA Portugalia Airlines was cleared by the countrys competition authority, AdC, which last month imposed seven conditions on the merger, including a limitation of frequencies between Lisbon and Porto in order to open the route to competing carriers. TAP paid approximately[euro]140 million for PGA and said it aims to integrate the two airlines fully by the end of September. …

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