Two points were up for vote; one for the “sale of the indirect stake held by the company in TAP” and the other for the elimination of debt-to-equity conversion rights in Azul's 90 million euro bond loan to national flag-carrier TAP granted in 2016. The agreement had already been approved by Neeleman, but the overall “green light” has now been given across the board.
Azul shareholders agree TAP exit
in News · 11 Aug 2020, 10:28 · 1 Comments
How is this going to help people like me get a cash refund for flights cancelled. Been trying to contact tap since may. No reply to emails and they hang up the phone when a cash refund is mentioned it is our right under EU law to be reimbursed in cash when a voucher is refused. Government doing nothing to implement the law
By Mary ormston from Other on 12 Aug 2020, 21:12