Editorial Comment

Heightened terrorism threat creates climate for price war as HNA moves in on TAP

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Heightened terrorism threat creates climate for price war as HNA moves in on TAP

A 7% stake in Portuguese flag carrier TAP will transfer from Atlantic Gateway, the private consortium that owns half of TAP, to HNA in the coming months as the latter will acquire part of the €90 million convertible bond in shares issued by Brazilian airline Azul to bail TAP out. Leaked informatio...

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