19-Oct-2012 10:18 AM

TAP and ANA privatisation and Synergy bid approved by Portugal Council of Ministers

Portugal's Council of Ministers approved (18-Oct-2012) decrees on the privatisations of airport operator ANA Aeroportos de Portugal and national carrier TAP Portugal. The council also adopted a resolution formally establishing Synergy Aerospace as "the potential investor of reference" in TAP. Regarding ANA, the Council stated, "The approval of this legislation seeks to give consistency, namely legal certainty, to regulation related to the management of the airport sector." The decree covers the airports operated by ANA, which include Lisbon Portela International Airport, Porto Francisco de Sá Carneiro AirportFaro Airport, Ponta Delgada João Paulo II Airport, Santa Maria Vila Do Porto Airport, Horta Airport and Flores Santa Cruz Airport. The decree also covers ANA's concession at Beja Airport. [more - original PR - Portuguese]

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