TAP Portugal

The conference explored issues with the Pratt & Whitney GTF and CFM International Leap and the outlook for the engines.

The Portuguese government wants to privatize or part-privatize the carrier, which has been undergoing a restructuring process.

TAP received its first A321LR in April 2019 and has since grown its fleet to 12 of the type, with another scheduled for delivery in July.

If antitrust concerns in Brussels scupper the takeover deals dreamt of by the big three European airline groups, other paths are available.

Groundforce Portugal provides TAP with ground handling at the airline’s Lisbon home base, as well as airports in Faro, Funchal, Porto, and Porto Santo.

TAP Maintenance & Engineering contributed strongly to parent airline TAP Air Portugal beating pre-pandemic performance in 2022.

TAP Portugal has swung from a €1.6 billion ($1.7 billion) full-year net loss to a €65.6 million net profit for 2022.

Airline groups may use consolidation to access efficiencies and synergies in the aftermarket to further drive down costs.

The dismissals came after alleged irregularities at TAP.

The layoffs came after a number of irregularities at TAP.

German airline group wants to buy a minority stake first, but could take full control ultimately.

TAP Air Portugal details plans to transition 75% of its short- and mid-haul fleet to Airbus neo variants by 2025, as it presses ahead with its restructuring.

Decision makers from the world’s leading and fastest-growing carriers have confirmed their attendance at the 27th global route development forum.

TAP Air Portugal will operate its entire fleet this summer but the carrier is having issues with the engines that power its fleet of Airbus A330-900s.

Leading carriers including Emirates, American Airlines, Air China, and many more have confirmed their attendance at the 26th World Route Development Forum.

The European Commission is to take a closer look at TAP Portugal’s €3.2 billion ($3.8 billion) restructuring plan.

VPs and Heads of Network Planning will utilise the event to focus on route development and plan for the next summer season.

TAP Portugal will appoint former Flybe CEO Christine Ourmieres-Widener to become the company’s new CEO.

The European Commission has allowed the transfer of €462 million ($560 million) in COVID-19 pandemic damages from the Portuguese state to TAP Air Portugal but the airline is still waiting on EC approval for its turnaround plan.

The Portuguese flag-carrier said it hopes to reach 60-70% of the equivalent 2019 capacity by the end of 2021, providing its restructuring plan is approved.

Portugal’s flag-carrier hopes to be operating 100 routes in August.

Emirates and TAP Air Portugal have signed a MOU to increase the scope of their current codeshare partnership.

The agreement comes as TAP 'looks at potential expansion opportunities' in the United Arab Emirates.

Several Star Alliance airlines have reduced their February capacity further after stricter travel restrictions designed to stem the spread of COVID-19 made air travel nearly impossible.

TAP Air Portugal plans to reduce its fleet to 88 aircraft and cut 2,000 positions under a restructuring proposal, which has been submitted to the European Commission (EC) for approval.