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TAP’s share of total movements at Porto’s Francisco Sá Carneiro Airport fell to 3% in the second quarter, down from 25% in the same period in 2019, from the second to the eighth largest company.
According to the Quarterly Statistical Bulletin of the National Civil Aviation Authority (ANAC), at the Porto airport, TAP represented only 3% of the movements registered in the period analyzed, moving from second to eighth place in the list of the 10 largest companies operating in this infrastructure, behind Federal Express Corporation (18%), Star Air (14%), European Air Transport Leipzig (13%), Ryanair (10 %), Swiss International Air Liens (8%), Deutsche Lufthansa (4%) and Luxair (4%).
Also at the Humberto Delgado Airport, in Portela, Lisbon, the number of TAP movements in the total operation decreased from 54% in the second quarter of 2019 to 15% in the same period this year.However, it remains at the top of the list of the 10 largest companies.
Second, Ryanair remained with the same 9% also registered between April and June 2019.
In the case of Faro airport, where the Portuguese airline accounted for 7% of total movements in the second quarter of 2019, this year it does not even enter the list of the 10 largest companies (4th place in the same period last year ).
At the Ponta Delgada João Paulo II Airport, in the Azores, the airline went from representing 9% of movements in the second quarter of 2019, to 6% in the same quarter of this year, remaining as the third largest company at that airport, after SATA. Air Açores and SATA International.
At the Madeira Cristiano Ronaldo International Airport in Funchal alone, TAP’s share of total movements increased in the second quarter, from 27% to 28%.
However, in the latter, TAP ceased to be the largest airline, moving to second place, after Swiftair (30%).
On July 17, the Council of Ministers approved the granting of a loan of up to 1.2 billion euros to TAP, in accordance with the decision of the European Commission.
In addition to the loan repaid in favor of the TAP Group of 946 million, to which they may add 254 million, without, however, the State being obliged to make it available, the negotiations aimed at the acquisition, by the Portuguese State, of “participations , patrimonial rights and a part of the complementary payments of the current shareholder of TAP SGPS, Atlantic Gateway, SGPS, Lda. “.
Thus, the Portuguese State now holds a total shareholding of 72.5% and the corresponding economic rights in TAP SGPS, amounting to 55 million euros.
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