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To Take Portugal’s National Airline Public, JetBlue’s Founder Prepares

Travelers Today       By    Staff Reporter

Updated: Mar 25, 2019 08:48 PM EDT

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To Take Portugal’s National Airline Public, JetBlue’s Founder Prepares

(Photo: pexels)

Portuguese airline TAP, partially privatized by the government in 2015, said it's preparing for an initial public offering.

The carrier, part-owned by airline tycoon David Neeleman, is readying itself for a sale but can't be sure when that might be, Chief Executive Officer Antonoaldo Neves said at a press conference in Lisbon on Friday.

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