David Neeleman

Ryanair announced Friday it would go to European courts to challenge the latest Portuguese government’s investment in TAP. The government reached a deal with private shareholders of TAP to increase its state in the company to 72.5%.
Before the bailout, the Portuguese state had 50% of TAP and Atlantic Gateway, owned by Brazilian-American aviation businessman David Neeleman and Portuguese entrepreneur Humberto Pedrosa, had 45% of the airline, which suffered heavy losses due to the Covid-19 pandemic.