TAP Air Portugal
Based in Lisbon, TAP Air Portugal (TAP) is the national airline of Portugal. The carrier operates a domestic and regional network of services within Portugal and Europe as well as international services to North America, South America and Africa. In addition, TAP operates cargo services on five all-cargo routes as well as bellyhold cargo on TAP Portugal flights. TAP has been a member of the Star Alliance since 2005.
Brazil’s Conselho Administrativo de Defesa Económica (CADE) initially approved the sale of a 61% stake in TAP Portugal to the Atlantic Gateway consortium on 10-Aug-2015, and the Portugal caretaker centre-right government approved on 12-Nov-2015 the privatisation of TAP Portugal in a bid to avoid the collapse of the entity. Under an MoU, Atlantic Gateway and the government agreed to split the ownership of TAP, with Portugal's Government holding a majority stake of 50%. Both parties were expected to conclude the agreement in 2016. However, National Civil Aviation Authority (ANAC) approved the initial ownership transfer agreement, stating the sale of the majority stake to Atlantic Gateway SGPS is in line with EU regulations. Both parties intended to conclude the ownership agreement in mid 2017. TAP Portugal completed to the sale of 5% ownership to employees.
CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries/territories around the world. Each profile offers comprehensive news and analysis, as well as the ability to drill down into data on schedules, capacity share, fleet, traffic, financial results and more.Become a CAPA Member
Our full profiles are only available to CAPA Members. CAPA Membership provides exclusive access to the information you need to monitor the competitive landscape and guide your organisation towards success.
It’s ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click.
- 5000+ airports
- 3000+ airlines
- 1600+ suppliers
- 800+ airport investors
- 250+ countries/territories and regions
- And more
CAPA Membership also gives you access to a customised selection of more than 1,000 global News Briefs every week, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. You can also choose from our range of premium add-ons, including Route Maps, Fleet Data and more.