lifted, but some aircraft were still prevented to fly the European Air Space. An updated version of the list of airlines banned in the EU released in early still included part of TAAG's fleet; however, five Boeing 777s and four Boeing 737-700s were allowed to operate into the EU; there were little or no changes in the list regarding the aircraft the airline was allowed to fly into the EU, following the release of the 11 latest versions of the list in , , , , , , , , , , and . On 17 April 2019, the ban was completely lifted, allowing TAAG to fly all of its aircraft to any EU country. Emirates management agreement, 2014–2017 In late , a ten-year management concession agreement between Emirates and the Government of Angola was signed; the deal also covered flight codesharing and the coordination of frequent flier programmes. In the first full year of operation under the agreement, annual losses were cut from $175m to $5m; the Ernst & Young-audited figures for January to December 2016 were approved at the airline's Board meeting on 9 March 2017. The contract was unilaterally terminated by Emirates in 2017 after the Emirati carrier found difficulties in expatriating around million in revenues from Angola. Corporate affairs Ownership, management and structure Originally set up within a government department, TAAG Angola Airlines remains 100% owned by the government of Angola. TAAG is itself the sole owner of Angola Air Charter, also based in Luanda, that operates cargo charters in Africa. , Joaquim Teixeira da Cunha holds the chairman and chief executive officer position. Vipula Gunatilleka holds the chief financial officer position, . Business trends Annual reports for the airline do not appear to be published. In the absence of these, the main sources for trends are press reports, and industry reports of the fleet size; even these are only indicative, because it is not always clear whether the aircraft recorded are actually in service. Available figures (for year ending 31 December) are: Head office TAAG has its corporate headquarters in Luanda, Angola. The airline also has offices in Africa, Asia, Europe, and North and South America, and opened an office in Chaoyang District, Beijing, in 2010. Destinations , TAAG Angola Airlines serves 31 destinations, including 13 domestic, 11 in Africa, three in Latin America, two in Schengen Europe, and three in the Middle East and