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Latin American airlines compete to buy TAP – Portugal

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Two of the three proposals to buy 66 percent of Portuguese state airline TAP – Portugal have been selected for the negotiation phase and are considered to be of “equivalent merit,” reported Portuguese daily online newspaper Observador.

The newspaper said approval had been given to proposals from the business groups of US businessman David Neeleman, who controls Brazilian airline Azul in partnership More

Brazilian airline buys 30 aircraft from Embraer

Azul Linhas Aéreas Brasileiras signed a final contract with Empresa Brasileira de Aeronáutica (Embraer) for the purchase of 30 E 195-E2 jet aircraft, Embraer reported Wednesday in São José dos Campos.

The contract, announced as a letter of intent at the 2014 Farnborough International Airshow, also includes options for an additional 20 jets of the same model, bringing the potential total order More

Airlines put forward proposed to operate in Mozambique

The Civil Aviation Institute of Mozambique (IACM) has received proposals from three airlines wishing to operate in Mozambique’s airspace, one of which may start operating next September, said the organisation’s president.

João Abreu also said that two of the companies plan to operate aircraft and the third with helicopters, and that the proposals are in the final certification phase, according to newspaper More

Market capitalisation in Mozambique triples in five years

Market capitalisation in Mozambique rose from 16.998 billion meticais in 2011 to 51.453 billion in 2015, an increase of 302 percent or 8.6 percent of the country’s gross domestic product (GDP), the President of the Mozambique Stock Exchange he said Thursday in Maputo.

Anabela Chambuca, who was speaking at a conference on alternative sources of financing for small and medium enterprises, also More

Equatorial Guinea to join Forum Macau

The accession of Equatorial Guinea to the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries (Macau) is due to be made official in the third quarter of 2015, the Macau Daily Times reported Friday.

The English-language daily cited diplomatic sources as saying that the accession of Equatorial Guinea, which “has the support of China,” is expected to take place More

Angola’s 2nd International Fisheries and Aquaculture Fair attended by companies from eight countries

Companies from countries such as Brazil, Spain, Norway, Poland, Portugal, Vietnam and Turkey, in addition to Angola, are participating in the 2nd edition of the Angola International Fair for Fisheries and Aquaculture, announced the Minister of Fisheries, Vitória de Barros Neto.

The minister said that the event, taking place from 26 to 29 November 2015, on the premises of the Luanda International More

Timor-Leste “accelerates” public spending in the last quarter of 2014

The government of Timor-Leste (East Timor) accelerated its budget execution in the last quarter of 2014, having spent in the last three months of the year almost as much as in the previous nine months, according to official budget execution figures released Friday in Dili.

The accounts are based on the budget implementation report for the 3rd quarter of 2014 released by More

Prices in Macau rise 4.51 pct in April

Prices in Macau registered annual growth of 4.51 percent in April, which continued to be driven by an increase in house rents and the cost of eating out, reported the region’s Statistics and Census Bureau.

In April and compared to the same month of 2014 there were significant rises in the price indices of housing & fuels (+9.84 percent), health (+5.17 percent) More