TAP Portugal recovery continues
Passenger numbers at TAP rose 4.7% in September as new US routes boosted the carrier. Total passengers carried during the month rose to 1,160,873, with Boston and New York JFK routes helping push the US total up 104.5%. Overall numbers for the intercontinental sector were up 11.3% in September. A consortium, led by David Neeleman, former CE of JetBlue, and Humberto Pedrosa, took over 61% of TAP in a part privatisation in 2015. The deal was amended in early 2016 as a new Portuguese govt regained control of the airline with a 50% stake. The Neeleman/Pedrosa consortium agreed to reduce their stake to 45%. The Atlantic Gateway Consortium has restructured the airline’s network and introduced capacity and aircraft changes. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-10-18/star/tap-portugal-recovery-continues
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TAP Portugal recovery continues
Passenger numbers at TAP rose 4.7% in September as new US routes boosted the carrier. Total passengers carried during the month rose to 1,160,873, with Boston and New York JFK routes helping push the US total up 104.5%. Overall numbers for the intercontinental sector were up 11.3% in September. A consortium, led by David Neeleman, former CE of JetBlue, and Humberto Pedrosa, took over 61% of TAP in a part privatisation in 2015. The deal was amended in early 2016 as a new Portuguese govt regained control of the airline with a 50% stake. The Neeleman/Pedrosa consortium agreed to reduce their stake to 45%. The Atlantic Gateway Consortium has restructured the airline’s network and introduced capacity and aircraft changes. <br/>
