Tag Archives: TAP Portugal

TAP Portugal to open a new route to Bogota and Panama City in July, will add two ATR 42-600s

TAP Portugal (Lisbon) will be flying to Bogotรก and Panama City four times a week starting in July. The new will operate on Mondays, Tuesdays, Thursdays and Saturdays, with flights departing from Lisbon at 12 noon (1200) and arriving in Bogotรก at 3:55 pm (1555). The flight then leaves for Panamรก at 4:55 pm (1655), arriving there at 6:25 pm (1825). The return flight departs for Lisbon at 7:40 pm (1940), where it arrives at 11:00 am (1100) the following day (all local times).

The new route will operate with Airbus A330-200 aircraft with a seating capacity of 268.

TAP Portugal starting on July 1 will introduce new ATR 42-600 aircraft, replacing Beechcraft 1900Ds. TAP is also adding new service to Oviedo. The airline issued this statement:

TAP has announced the eleventh new route it will launch in 2014. The new route will connect Lisbon and Oviedo from July 1.

The launch of the Oviedo service has been made possible because of an important change to the fleet operated by PGA โ€” Portugรกlia Airlines (Lisbon), with the replacement of two 19-seater Beechcraft 1900D aircraft with two 46-seat ATR 42-600s, which also have a longer range.

Oviedo will become the eighth Spanish city with direct TAP flights, joining Madrid and Barcelona (which have direct flights from Lisbon, Porto and Funchal), Seville, La Coruรฑa, Bilbao, Malaga and Valencia.
In 2013, TAP carried 944,000 passengers between Portugal and Spain, a 6% increase from 2012.

Copyright Photo: Brian McDonough/AirlinersGallery.com. Airbus A330-223 CS-TOF (msn 308) of TAP Portugal arrives at Miami International Airport.

TAP Portugal:ย AG Slide Show

PGA-Portugalia Airlines:ย AG Slide Show

 

TAP Portugal to fly to Manaus and Belem

TAP Portugal (Lisbon) has announced the start of operations to Manaus and Belem, both cities in Northern Brazil, as of the beginning of June 2014. With the addition of these new destinations to its network, the company increases to 12 the number of gateways operated in Brazil and further strengthens its positioning as the worldโ€™s leading airline in operation to that key market in South America.

The operation is to be launched with three weekly frequencies โ€“ on Tuesdays, Fridays and Sundays โ€“ and flights will operate the route Lisbon โ€“ Manaus โ€“ Belem โ€“ Lisbon, thereby allowing TAP to enter for the first time into Northern Brazil, a region with great potential for tourism and where the offer of international flights is still very scarce.

Out of Portugal, flights will depart TAP Lisbon hub at 0930 and arrive in Manaus at 1340. After one hour turn-round time flights go on to Belem arriving there at 1740. At 1910 return flights depart Belem with arrival in Lisbon at 0645 (following day).

Manaus currently has a population of 2.3 million people and is the capital city of the State of Amazonas, which in the whole has a population of 3.6 million people. As the main gateway into Amazonia, Manaus is also a fast growing region in Brazil.

Belem is the capital city of the State of Para, with a population of 7.8 million people, of which 2.25 million in Belem only. The city is an important eco-tourism destination and a gateway into Amazonia as well.

Currently, neither Manaus nor Belem have direct flights to Europe in operation. Thus, the launch of TAP direct flights to those cities, that are the gateway into North Brazil, represent quite a significant step forward. From June 2014 onwards, customers will be provided with the most convenient and fastest connections to Lisbon and many other destinations beyond across the companyโ€™s European network.

Currently, TAP operates direct flights to 10 gateways in Brazil: Fortaleza; Natal; Recife; Salvador; Brasilia; Belo Horizonte; Rio de Janeiro; Sao Paulo; Campinas and Porto Alegre, adding in the whole to 74 weekly frequencies operated in average. With the introduction of Manaus and Belem as new destinations, TAP will from now on cover all regions in the country, considerably reinforcing the reach of its network in Brazil.

Copyright Photo: Marcelo F. De Biasi/AirlinersGallery.com.ย Airbus A330-223 CS-TOK (msn 317) prepares to land at Sao Paulo (Guarulhos).

TAP Portugal:ย AG Slide Show

TAP Portugal posts a $20.6 million profit in 2012

TAP Portugal (Lisbon) posted a $20.6 million profit in 2012.

The airline issued the following financial statement:

With a profit of 15.9 million euros in 2012, this was well above the 3.1 million in 2011, TAP SA achieved positive results for the fourth consecutive year.ย ย 

In 2012, total debt was reduced from 1042 TAP million to 862 million, which represents an improvement of 21%.ย Note also that the total debt, which in 2011 represented 46% of total income and gains, fell to 35% in 2012.

Obtaining a positive net income for the fourth year was made possible by the company’s growth, which reached 4.4% with over 10,186 million passengers, surpassing for the first time in its history the barrier of 10 million.

Total revenues in financial year 2012 amounted to 2,429 million euros, showing an increase of 6.9% compared to 2273 million in the previous year, highlighting the Maintenance Assistance (Third Party) with an improvement of 23% and ticket revenues with a growth of 6.7%.

Operating costs, excluding fuel, stood at 1,422 million euros, 4.8% more than the 1,357 recorded in 2011.ย The fuel bill, whose cost has not stopped growing since 2008, had in 2012 an additional 93 million euros, up 13% compared to 2011.

The positive results of TAP reflect the continuing effort to improve efficiency, achieved through productivity gains and decreased consumption.

Operating results were also positive at 43.4 million euros, 5.6% better than the 41.1 recorded in 2011.

While increasing the supply (PKO) 4.1%, the national airline increased demand (PKU) of 4.8%, which allowed also improve the load factor of 76.3% in 2011 to the 76.8 percent in 2012.

Copyright Photo: Dave Glendinning.ย Airbus A320-214 CS-TNP (msn 2178) in the Star Alliance livery taxies to the runway at London (Heathrow).

TAP Portugal:ย AG Slide Show

TAP Portugal to launch a new route to Bucharest

TAP Portugal (Lisbon) has announced new serviceย between Lisbon and Bucharest will start on June 30 with three flights per week to the Romanian capital.

Flights will depart from Lisbon on Tuesdays, Thursdays and Saturdays at 11:10 pm (2310) arriving in Bucharest at 5:10 am (0510). The Bucharest-Lisbon return flights will depart on Wednesdays, Fridays and Sundays at 6:00 am (0600) arriving in Lisbon at 8:25 am (0825). The new route will operate with Airbus A319s.

The announcement of the new flights to Bucharest follows TAP’s earlier announcements that it will be launching two other new European routes in 2012, to Berlin (June 5) and Turin (June 3).

With these three new routes already launched this year, TAP will be flying to a total of 51 European destinations in 22 countries, thereby continuing to consolidate its European network, a sector which flew 5.79 million passengers in 2011, an increase of 9.3 percent over the previous year.

The flag carrier will suspend the Lisbon-Athens route for the winter season starting on October 28.

Copyright Photo: Pepscl.

TAP Portugal Slide Show: CLICK HERE

TAP Portugal to launch two new routes in June

TAP Portugal (Lisbon) will start nonstop Lisbon-Berlin (Brandenburg) service on June 5, 2012 as well as Lisbon-Turin on June 3, 2012 per Airline Route. Both new routes will be flown with Airbus A319s.

Copyright Photo: Pepscl.

TAP Portugal Slide Show: CLICK HERE

Portuguese prime minister urges Lufthansa to consider buying TAP Portugal

TAP Portugal (Lisbon) is facing an uncertain future. British Airways and IAG are considering adding TAP Portugal to their group. Now the Portuguese prime minister is urging profitable Lufthansa to take a close look at the flag carrier.

Read the full story from Breaking Travel News: CLICK HERE

TAP Portugal Slide Show: CLICK HERE

Copyright Photo: Rolf Wallner.

IAG swings to a first half profit, wants to merge TAP

IAG (International Airlines Group) (British Airways and Iberia) (London) swung to a first half profit.

Read the full report from the Guardian: CLICK HERE

In other news, CEO Willie Walsh wants to acquire and merge TAP Portugal (Lisbon) with IAG according to this report by Bloomberg.

Read the full report: CLICK HERE

Copyright Photo: Gilbert Hechema.

Is the IAG planning a bid for TAP Portugal?

The International Airlines Group (IAG) (British Airways and Iberia) (London) is planning abid for TAP Portugal (Lisbon) according to a report by the Sunday Times.

Read the full report from Reuters: CLICK HERE

Copyright Photo: Pepscl. Please click on the photo for additional information.

TAP Portugal Slide Show: CLICK HERE

TAP Portugal posts a $86 million net profit in 2010

TAP Portugal (Lisbon) posted a $86 million net profit for 2010 according to the Associated Press.

In addition, the company will add Miami and the Lisbon-Miami route starting on June 6.

TAP Portugal Route Map: CLICK HERE

Copyright Photo: Pepscl. Please click on photo for further details.

TAP Portugal’s pilots call off their strike

Please click on the AG icon for a direct link to the TAP Portugal photo gallery.

TAP Portugal’s (Lisbon) pilots have called off a planned six-day strike after agreeing to a pay and productivity deal with the state-owned airline’s management.

Read the full report from Business Week:

http://www.businessweek.com/ap/financialnews/D9EKU4GG0.htm