Latest news and stories about transport in finance in Portugal for expats and residents.
The motorway concessionaire Brisa Group reported 2025 revenues of over 1.2 billion euros, a 13% increase compared to the previous year. Despite this growth, the company's net profit fell by 44% to 173.4 million euros, largely due to higher financial costs and increased operating expenses.
The PSD has approved a Chega proposal to mandate video recording in TVDE vehicles, while also allowing taxis to operate as TVDE and removing dynamic fare caps.
Key events for Thursday include INE transport data, Glintt Global's Q1 earnings, the eRadar defence conference at CCB, and Elon Musk's closing arguments in the OpenAI legal case.
Government demands maintenance of the Lisbon hub and strategic routes.
In a statement, the Portuguese airline highlights an 11% growth in operating revenues, reaching 914.4 million euros.
TAP highlights an 11% growth in operating revenues to 914.4 million euros, driven mainly by the increase in ticket revenues and the improvement in unit revenues.
Air France-KLM's binding proposal for the privatisation of TAP includes an alliance with Delta Air Lines for North Atlantic routes and the establishment of a new aeronautical maintenance facility in Portugal. The group plans to leverage TAP's existing maintenance expertise while integrating digital and AI technologies. If selected, the group intends to make Lisbon its primary hub in Southern Europe, while maintaining TAP's brand, management, and headquarters in Portugal. The proposal also highlights the strategic value of TAP's leadership in Brazilian routes and promises long-term growth across Portuguese cities.
Refined product quotes up to Thursday point to an increase of more than ten cents in the price of diesel next week. Petrol will also rise, but by less.
The market for second-hand vehicles saw a 5.5% increase in 2025, reaching a total volume of approximately 860,000 units sold.
Sales of used passenger cars in Portugal grew by 5.5% in 2025 compared to the previous year, reaching around 860,000 units, according to an estimate by Informa D&B. While the market grew, the aggregate turnover of the sector's main companies in 2025 is expected to have been lower than in 2024. In 2024, the combined turnover of the 38 largest companies reached 805 million euros, a 13.5% increase over 2023. The sector remains dominated by small businesses, with only five companies employing more than 50 people in 2024. Geographically, the largest companies by turnover are concentrated in the districts of Lisbon, Porto, Braga, and Leiria.
“The path is for this great asset of TAP to be leveraged”: the statement was made by Carlos Oliveira, chairman of the board, in Rio de Janeiro, where the company arrived 60 years ago.
In the race for the reprivatisation of TAP, Air France-KLM and Lufthansa remain, after IAG, owner of Iberia and British Airways, did not move forward with a proposal.
The new sale process for Azores Airlines is about to begin, with “six to eight interested parties” already identified, according to Tiago Santos, chairman of the board of the SATA Group, in statements reported by Jornal de Negócios (paid access). This follows the failed privatisation process with the Atlantic Connect Group, which brought together...
Diesel could drop by four cents and petrol by two and a half cents.
A Portuguese-Spanish consortium led by the Barraqueiro Group has won a tender to manage the urban railway system in Jaén, Spain, in a 13 million euro contract with an initial duration of four years, it was announced this Thursday. The Portuguese-Spanish consortium formed by the Barraqueiro Group and the Ruiz Group won the tender for the operation and...
In 2024, the Portuguese airline achieved a net profit of 53.7 million euros.
The deadline for submitting bids for the privatisation of TAP ends this Thursday, the 2nd, with three aviation groups having expressed interest: Lufthansa, IAG (owner of Iberia and British Airways), and Air France-KLM. Lufthansa has confirmed it will not withdraw from the process and will submit a non-binding bid, with group strategy head Tamur Goudarzi Pour asserting that they are the partner best equipped to develop the Portuguese airline. While IAG's participation remains uncertain due to concerns over the minority stake on offer, Air France-KLM has confirmed it is working on its proposal. The Portuguese government is looking to sell up to 44.9% of the airline's capital, with 5% reserved for employees.
Business owners are complaining about the impact of the war, particularly those with businesses linked to or dependent on transport.
The private equity fund CVC Capital Partners, through its infrastructure arm CVC DIF, announced on Thursday the acquisition of iPark, a car-park management and mobility services company operating across the Iberian Peninsula, from the US firm Elliott Investment Management. The value of the transaction, which is expected to be finalised this year, is subject to ...
