On Monday the European Commission extended the deadlines for airlines SATA and TAP to complete the divestment of assets, a condition for the restructuring aid granted by the Government. In a statement, the EU Executive said it had accepted Portugal's request to extend the deadline until 31 December 2026 for the company...
European Commission extends deadline for divestment of TAP and SATA assets
Monday, 5 January 2026RSS
Context & Explainers
SATA is the Azores regional airline group that operates inter‑island services and international routes under the Azores Airlines brand, and is the primary air carrier linking the Azores with mainland Portugal and parts of Europe. For expats living in or visiting the islands, SATA provides the main year‑round connections and is often the only practical option for travelling between islands or to the continent.
TAP Air Portugal is Portugal’s flag-carrier airline, founded on 14 March 1945 as Transportes Aéreos Portugueses. It began operations in 1946 with Lisbon–Madrid and quickly opened the long “Linha Aérea Imperial” to Angola and Mozambique, symbolically linking mainland Portugal to its overseas territories. TAP entered the jet age in the 1960s, became Europe’s first all‑jet airline in 1967, and rebranded as TAP Air Portugal in 1979. Nationalised after the 1974 Carnation Revolution, it went through cycles of partial privatisation and renationalisation, remaining a strategic state‑controlled company due to its role in connectivity, tourism, exports, and the Portuguese diaspora, especially to Brazil, Africa, and North America. Today TAP operates an all‑Airbus fleet from its Lisbon hub, marketing itself as a bridge between Europe, Africa, and the Americas and as a key economic and symbolic asset for Portugal.
