August 30, 2014 8:28 AM ET


Company Overview of TAP-Transportes Aereos Portugueses, SGPS, S.A.

Company Overview

TAP-Transportes Aereos Portugueses, SGPS, S.A. provides passenger, cargo, and mail transportation services. It operates a fleet of Airbus aircraft to various destinations in Africa, North America, South America, Latin America, and Europe. TAP-Transportes Aereos Portugueses, SGPS, S.A. was formerly known as TAP Air Portugal S.A. and changed its name to TAP-Transportes Aereos Portugueses, SGPS, S.A. in March 2005. The company was founded in 1945 and is based in Lisbon, Portugal. TAP-Transportes Aereos Portugueses, SGPS, S.A. operates as a subsidiary of PARPÚBLICA - Participações Públicas, SGPS, S.A.

Aeroporto de Lisboa

Ed. 25 - R/C Dir.

Lisbon,  1704-801


Founded in 1945


351 70 720 5700


351 21 841 6572

Key Executives for TAP-Transportes Aereos Portugueses, SGPS, S.A.

Chairman of Executive Board and Chief Executive Officer
Age: 65
Engineering Director
International Relations and Alliances Manager
Member of Executive Board
Member of Executive Board
Age: 65
Compensation as of Fiscal Year 2014.

TAP-Transportes Aereos Portugueses, SGPS, S.A. Key Developments

GOL Enters into Codeshare Agreement with TAP

GOL Linhas Aereas Inteligentes SA announced that it has signed a contract to implement a codeshare and frequent flyer program agreement with TAP. The agreement will be submitted for the authorization of Portugal and Brazil's governments, and is still pending the approval of Brazil's National Civil Aviation Agency (ANAC) and Antitrust Authority (CADE). Initially, the agreement will allow TAP to include its codes on GOL's flights, enabling connections to other Brazilian destinations. The companies will also offer members of GOL's, SMILES, and TAP's, Victoria, loyalty programs, the possibility to accumulate and redeem miles on all eligible flights operated by the two companies.

TAP Portugal to Launch Direct Belgrade-Lisbon Flights on July 1, 2014

TAP Portugal announced that it will start direct Belgrade-Lisbon flights on July 1, 2014.

Portugal Reportedly Resumes Analyzing Potential Tap Sale On Bourse

The Portuguese government has resumed analyzing the option to sell TAP-Transportes Aereos Portugueses, SGPS, S.A. on the stock exchange, according to a report of local daily Publico on February 11, 2014. The Council of ministers has entrusted Citibank, Barclays Capital, BESI and Credit Suisse to study a potential capital increase linked to a floating on the bourse for TAP, the edition added.

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