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State pays 55 million to take back control of TAP

David Neeleman leaves TAP, Antonoaldo Neves steps down as CEO. Government and Humberto Pedrosa remain as partners of the airline, which could receive assistance in the form of a €1.2 billion emergency fund.

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David Neeleman is about to close the cycle at TAP, which he joined in late 2015 Nuno Ferreira Santos