{"id":179822,"date":"2025-10-08T12:30:00","date_gmt":"2025-10-08T12:30:00","guid":{"rendered":"https:\/\/aviacionaldia.com\/?p=179822"},"modified":"2025-10-08T15:07:18","modified_gmt":"2025-10-08T15:07:18","slug":"tap-air-portugal-will-join-a-major-airline-group-soon-ceo-said","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2025\/10\/tap-air-portugal-will-join-a-major-airline-group-soon-ceo-said.html","title":{"rendered":"TAP Air Portugal Will Join a Major Airline Group “Soon,” CEO said"},"content":{"rendered":"\n

Portuguese airline TAP Air <\/strong>is on the verge of a historic change. Its CEO, Luis Rodrigues, stated this Wednesday that the company will “soon” become part of a major airline group, aligning with the Portuguese government’s plan to sell a minority stake in the state-owned company.<\/p>\n\n\n\n

A Privatization Process Underway<\/h2>\n\n\n\n

The government will offer 49.9% of TAP’s shares, as confirmed by Parp\u00fablica, the state-owned company managing the process. Interested parties must be airlines or airline groups with a minimum turnover of 5 billion euros in at least one of the last three years. They have until November 22nd to submit their declaration of interest.<\/p>\n\n\n\n

During his speech at the World Aviation Festival in Lisbon, Rodrigues made it clear that the era of total independence for airlines has come to an end:<\/p>\n\n\n\n

“The challenge is that you will soon be integrated into a major aviation group. The days of being proudly alone are over. There was a time when that was possible. Now, it is not.”<\/p>\n\n\n\n

The executive avoided providing further details on the terms of the privatization or the operation’s timeline.<\/p>\n\n\n\n

\u2192 TAP Air Portugal Introduces Airspace Cabins with XL Bins and Enhanced Onboard Comfort<\/a><\/em><\/strong><\/p>\n\n\n\n

Interest from European Giants<\/h2>\n\n\n\n

Three of the continent’s major airline groups \u2013 Air France-KLM, Deutsche Lufthansa, and IAG, the owner of Iberia and British Airways \u2013 have publicly expressed their interest in acquiring a stake in TAP.<\/p>\n\n\n\n

The appeal of the Portuguese company lies in its strategic position as the leading European operator of flights to Brazil, a key market in transatlantic connectivity. TAP’s potential integration into one of these groups could strengthen routes between Europe and South America and increase competitiveness against global rivals.<\/p>\n\n\n\n

IAG’s CEO, Luis Gallego, attended the conference but declined to comment on the process.<\/p>\n\n\n\n

Traffic Evolution and Outlook<\/h2>\n\n\n\n

Regarding operational performance, Rodrigues acknowledged a slight traffic dip in Northern Europe and on Atlantic routes. However, he highlighted that the Brazilian market is showing clear signs of recovery.<\/p>\n\n\n\n

“We are seeing some stabilization in traffic,” he explained. “Overall, there is slight growth. It’s possible we will finish the year approximately 1% above the previous fiscal year.”<\/p>\n\n\n\n

With these figures, TAP aims to consolidate its position before its integration into an international group, as Portugal advances in a process that could redefine the European air travel map.<\/p>\n\n\n\n

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