Latest news and stories about tap air portugal in Portugal for expats and residents.
The group stressed that it maintains a “strong interest in TAP Air Portugal”, as the Portuguese carrier could allow it to “expand strategic routes” and create opportunities to “strengthen connectivity”
Miguel Pinto Luz admitted that the financial valuation criterion “will be absolutely central”.
The government intends to sell up to 49.9% of the company's capital, of which 44.9% is for a strategic investor and up to 5% is reserved for employees.
The Lufthansa group is cancelling 20,000 short-haul flights through October to reduce fuel consumption following price hikes since the start of the war in Iran. The cuts represent about 1% of summer passenger capacity, saving approximately 40,000 tonnes of kerosene. Most affected flights are from the regional carrier Cityline, involving unprofitable routes from Frankfurt and Munich. Despite these cuts, the group plans to expand routes in Zurich, Vienna, and Brussels. Lufthansa also noted it is among the bidders for a stake in TAP Air Portugal and recently faced hundreds of cancellations due to cabin crew strikes in Germany.
The Minister of Infrastructure assures that the government is in contact with oil companies regarding aviation fuel stock levels at national airports, stating that no TAP flight cancellations are expected for now. Miguel Pinto Luz emphasized that the issue is international and European in scale, and the government is working to ensure supply stability. Regarding the potential impact on the privatization of TAP, the minister declined to comment, noting that updates on the airline will be provided soon. Meanwhile, the International Energy Agency has warned of potential fuel shortages in Europe, and the aviation sector is bracing for possible disruptions due to the ongoing energy crisis and geopolitical tensions in the Middle East.
TAP concluded the sale of its 51% stake in Cateringpor to the Swiss group Gate Gourmet for 1.78 million euros on Monday, April 13. Gate Gourmet, which already held the remaining shares, was the sole bidder for the company. The sale was part of the restructuring plan agreed with the European Commission, and the proceeds will revert to the Portuguese State. The deal includes a five-year catering services contract with TAP.
Menzies has a licence to operate until 19 May, but due to the ongoing legal proceedings, this deadline will need to be extended. TAP is evaluating the possibility of performing its own handling.
The government states that the funds are intended for companies whose energy costs represent more than 20% of production costs. Furthermore, Lufthansa has officially submitted its proposal to purchase TAP.
CEO Benjamin Smith expresses his conviction that the next chapter for TAP “should be written as part of the Air France-KLM Group.”
Air France-KLM is presenting a non-binding offer this Wednesday to purchase a minority stake in TAP Air Portugal, the group announced.
The airline Iberia, which belongs to the International Airlines Group, has proposed a staff redundancy programme (ERE) that could affect approximately 996 employees, according to Spanish media. The ERE is a labour procedure in Spain that allows companies to suspend, reduce hours, or terminate employment contracts for economic, technical, or other reasons.
Home News TAP resuming flights to Tel Aviv TAP resuming flights to Tel Aviv TAP Air Portugal will resume operations between Lisbon and Tel Aviv from March 29, 2026, with five weekly frequencies using A320neo aircraft with a capacity for 168 passengers.
