[727jesmond]

Im a Victoria gold card holder and fly with TAP quite a bit between Manchester and Lisbon and Faro, I like the airline, and look forward to TAP enjoying a stronger future and more growth.

[canucklad]

Having read the article in more detail, I’d be very happy if I was a TAP employee. Or indeed a Portuguese citizen.
I’d be less happy if I had shares or an interest in Iberia. JetBlue and Azul seem to be very well run airlines, with a considerable and loyal customer base.
Could the new owners ultimate plan,be to turn Lisbon into a viable hub southward in direct competition to Madrid?

[727jesmond]

Why not Jetblue and Azul will also have the benefit of the friendly Portuguese people to create a passenger friendly hub.

[transtraxman]

Portugal´s left-wing parties oust the right-wing government looking to replace them. As a result, even before achieving power the left-wingers are sticking their fingers in the pie to influence and/or reverse sell-offs previously agreed to help solve Portugal´s economic problems.

“Portugal’s left-wing opposition topples minority government”, (BBC news 10-11-15)

http://www.bbc.com/news/world-europe-34779839

….And the first action is to stop the sale of TAP!!
“Portugal’s Socialists Seek To Suspend TAP Sale” (Airwise/Reuters 11-11-15)

http://news.airwise.com/story/portugals-socialists-seek-to-suspend-tap-sale

…apparently the reason is that the sale was due to be completed today, 12-11-15. But this is dogmatic politics at work not measures to aleviate cuts in social services.

[transtraxman]

As a continuatiuon of the previous piece of news………..
“Caretaker Portuguese Government Approves TAP Sale” (Airwise/Reuters 12-11-15)

http://news.airwise.com/story/caretaker-portuguese-government-approves-tap-sale

The left-wing opposition declared the transaction “unlawful”. However, the government reacted by saying immediate approval was necessary due to “”imminent collapse at the treasury” of the state-owned company”, if nothing was done. They said that “At most, the money would have to be returned”, if a socialist government came to power. No penalty clauses were attached to the agreement.

[AMcWhirter]

Just been announced that TAP has ordered 53 long and short-haul aircraft from Airbus.

The order comprises A330s and a mixture of A320/A321 neos.

[727jesmond]

I hope TAP succeeds , i use them quite often, between Manchester and Portugal, and like them. Lisbon must be a good hub destination to operate from for South America, so potential is there.

[Author]

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