TAP, Portugal’s flag carrier, has announced the completion of a critical restructuring milestone by acquiring 100% of the shares of its holding company, TAP SGPS. This acquisition marks a significant step in the airline’s plan to restructure and prepare for reprivatization.
The Portuguese government has officially requested ANA – Aeroportos de Portugal, the country’s airport operator, to submit a proposal for the construction and operation of a new international airport in the Lisbon district. The proposed airport, to be located in Alcochete, is expected to cost up to US$9.2 billion and commence operations by 2034.
SATA Azores Airlines has announced significant changes to its North American operations, restructuring its summer 2025 schedule. The airline will discontinue flights from Funchal to Boston, New York JFK, and Toronto. Additionally, three routes from Porto to the same destinations will also be dropped. These adjustments are part of SATA’s broader strategy to optimize its transatlantic operations and focus on routes with stronger…
SATA (Portugal) has announced an ambitious plan to achieve $67 million in savings through its financial sustainability plan, which will roll out across 2025. This comprehensive plan includes 40 targeted measures aimed at streamlining operations, improving efficiency, and reducing costs.
Aergo Capital (Ireland) has completed the sale of three DHC8-400 aircraft to Avmax Aircraft Leasing (Canada). The aircraft, with serial numbers 4323, 4332, and 4380, are part of Aergo Capital’s strategic fleet management, demonstrating its ability to successfully transition assets to new owners.
euroAtlantic Airways, a Portuguese charter and ACMI operator, has announced a new partnership with Azul Brazilian Airlines to provide direct flights between Sao Paulo Viracopos Airport and Lisbon. The agreement will commence on December 19, 2024, with one aircraft already in operation and the possibility of adding more in 2025 to meet rising demand.
euroAtlantic Airways, a Portuguese charter airline, is reportedly in discussions with ANAC (Brazilian National Civil Aviation Agency) about plans to establish a subsidiary in Brazil. The proposed subsidiary would focus on operating regular domestic passenger flights, signaling the airline’s ambition to enter the Brazilian domestic market.
Brussels Airlines (Belgium) has announced plans to launch a new nonstop route connecting Brussels Airport to Funchal, Madeira, starting on April 5, 2025. The service will be operated using Airbus A320ceo or A320neo aircraft, providing passengers with a convenient and comfortable travel option to this sought-after destination.
Lufthansa Technik (Germany) has announced plans to invest significantly in a new facility near Porto, Portugal, as part of its global expansion strategy. The project, slated for completion by the end of 2027, underscores Lufthansa Technik’s commitment to enhancing its maintenance, repair, and overhaul (MRO) capabilities in Europe.
TAP Air Portugal has expanded its fleet with the delivery of a new Airbus A320neo, identified by serial number 12211. The aircraft is equipped with LEAP-1A26 engines, offering superior fuel efficiency and reduced environmental impact.
