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Transportes Aereos Portugueses

flytap.com

Founded Year

1945

Stage

Corporate Majority | Acquired

Total Raised

$2.1M

About Transportes Aereos Portugueses

Transportes Aereos Portugueses is the primary airline in Portugal as well as a member of the Star Alliance, a global alliance of airlines.On July 3rd, 2020, The Government of Portugal acquired a majority stake in Transportes Aereos Portugueses. The terms of the transaction were not disclosed.

Headquarters Location

Aeroporto de Lisboa

Lisbon, 1704-801,

Portugal

(+351) 218 415 000

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Latest Transportes Aereos Portugueses News

US authority orders six airlines to repay $600 million in passenger refunds

Nov 15, 2022

The US Department of Transportation (DOT) announced enforcement actions against six airlines, which have collectively paid $600 million to passengers who were owed a refund due to a canceled or “significantly changed” flight. The fines are part of DOT’s “ongoing work to ensure Americans receive the refunds they are owed from airlines”, the regulatory body said in a statement released on November 14, 2022. Frontier Airlines, Air India, TAP Air Portugal, Aeromexico, El Al, and Avianca ( AVHOQ ) are also being assessed for a collective $7.25 million in civil penalties “for extreme delays in providing funds”, the DOT said. Denver-based low-cost carrier Frontier, Portugal’s flag carrier TAP Air Portugal and India’s flag carrier Air India received the most significant fines. READ MORE:

Transportes Aereos Portugueses Frequently Asked Questions (FAQ)

  • When was Transportes Aereos Portugueses founded?

    Transportes Aereos Portugueses was founded in 1945.

  • Where is Transportes Aereos Portugueses's headquarters?

    Transportes Aereos Portugueses's headquarters is located at Aeroporto de Lisboa, Lisbon.

  • What is Transportes Aereos Portugueses's latest funding round?

    Transportes Aereos Portugueses's latest funding round is Corporate Majority.

  • How much did Transportes Aereos Portugueses raise?

    Transportes Aereos Portugueses raised a total of $2.1M.

  • Who are the investors of Transportes Aereos Portugueses?

    Investors of Transportes Aereos Portugueses include Government of Portugal.

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