Ptknight From Portugal, joined Aug 2001, 41 posts, RR: 0 Posted (8 years 8 months 1 week 3 days 3 hours ago) and read 3830 times:
According to a leading Portuguese newspaper (publico.pt, in pt only), TAP has reached an agreement to buy PGA Portugália Airlines ( NI ) and the deal will be signed this Friday.
The current owner, Grupo Espírito Santo, agreed to sell 99.8% of PGA to the still State owned carrier, but the deal still has to be approved by the National Competition Authority (and probably the European Competition Authority, I say).
BTW, Portugália Airlines has been voted Best Regional Airline in Europe again in the annual Skytrax survey. This is the sixth consecutive year that PGA wins this award.
This leaves Portugal pretty much with only one airliner and no compettion what so ever... Probably that's why my next trip to Brazil (OPO-GRU) cost me 1,300€
Druida From Portugal, joined Oct 2006, 2 posts, RR: 0
Reply 3, posted (8 years 8 months 1 week 3 days 3 hours ago) and read 3787 times:
Dear friend, is truth that very probably I negotiate it realize. If to think me about strategy terms I very think that the TAP this to be intelligent, therefore with the increase of the company low-cost in the Europe or the Tap obtains to follow the market or can have problems. When acquiring PGA the TAP is with a recognized company as most good in the regional flights being able when increasing the fleet with new the Embraers to execute the majority of the European flight of the TAP, what it will allow the TAP to strengthen or to widen its routes of medium range course, but will be to with a company capable to make low-cost without deep alterations in the organic of the company. Desire that strategy plan if materialize personally with success therefore I am a great admirer of Mr. Fernando Pinto and of its it equips, therefore in many years she was the unica person who obtained to raise the name of the TAP of the best world-wide operators. One I hug
RicardoFG From Spain, joined Feb 2005, 678 posts, RR: 0
Reply 5, posted (8 years 8 months 1 week 3 days 2 hours ago) and read 3745 times:
Its a shame NI never started transatlantic service. I used to fly them quite a bit LIS-FAO and service was excellent! I had heard they were joinging Skyteam a while ago which would have provided nice competition to TP. However it looks like that wont happen. Will TP take over there old aircraft though since TP flies a new, and exclusively airbus fleet? How will NIs old Fokkers and Embraers sit there?
FMAL From Brazil, joined Jan 2004, 486 posts, RR: 1
Reply 7, posted (8 years 8 months 1 week 2 days 20 hours ago) and read 3545 times:
Quoting Druida (Reply 4): A this moment Varig almost only do regional flights , and with some problems
What problems, exactly?
From my recent experience and knowledge, Varig is doing a superb job under the new owners. Varig has, in september, consolidated the lead on the main Brazilian market, the Rio-SP shuttle, with 66% occupancy. TAM was second.