miaintl
Topic Author
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The Future Of TP

Fri Jul 26, 2013 7:01 pm

Does anyone know what the future of TP is? I am aware that Lisbon is building a new airport, which is intended to be a major hub to the Iberian peninsula, rivaling MAD. What impact will this have on TP?
 
Jonathanxxxx
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RE: The Future Of TP

Fri Jul 26, 2013 7:28 pm

I think TP has the potential to start a nice hub in LIS. Its large presence to Brazil certainly helps. TP could definitely try and be what IB was in the 90's and be the bridge from SA-EU. IMO this would be my plan for them. The airline itself has lots of potential but it needs to get its cost under control and support turning LIS into some sort of transit hub.

What ever happened to the government selling TP? Did anything ever come out of that?
 
PlymSpotter
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RE: The Future Of TP

Fri Jul 26, 2013 7:48 pm

Quoting miaintl (Thread starter):
I am aware that Lisbon is building a new airport, which is intended to be a major hub to the Iberian peninsula, rivaling MAD. What impact will this have on TP?

The plans are on indefinite hold. Aside of financing the £3bn price tag (which is hopelessly conservative) the redevelopment potential of the current LIS airport site is stifled by the Portugese economy and property market. Personally I would be surprised if a replacement airport opens before 2040.


Dan  
...love is just a camouflage for what resembles rage again...
 
Viscount724
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RE: The Future Of TP

Fri Jul 26, 2013 8:13 pm

Quoting jonathanxxxx (Reply 1):
What ever happened to the government selling TP? Did anything ever come out of that?

The sale was postponed after the only significant offer fell through late last year.
http://www.usatoday.com/story/travel...tion-of-state-airline-tap/1788555/
 
miaintl
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RE: The Future Of TP

Fri Jul 26, 2013 8:22 pm

Does anyone see TP adding more long-haul aircraft to their fleet. So there is no chance that a new Lisbon airport would be made anytime soon?
 
PlymSpotter
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RE: The Future Of TP

Fri Jul 26, 2013 8:32 pm

Quoting miaintl (Reply 4):
So there is no chance that a new Lisbon airport would be made anytime soon?

Not unless there is a radical turnaround in the Portuguese/Iberia economy. IMO their biggest problem in the meantime will be gate/parking space. Should they wish to expand capacity on the cheap there is a military base directly opposite Lisbon, at the end of the Vasco de Gamma bridge. This would be an ideal interim solution for LCCs and would, comparatively, be a cheap option.


Dan  
...love is just a camouflage for what resembles rage again...
 
miaintl
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RE: The Future Of TP

Fri Jul 26, 2013 10:24 pm

How is TP doing on its North American routes? Can we expect more expansion to the US? How about service to Chicago, Boston or DC?
 
Cassi
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RE: The Future Of TP

Sat Jul 27, 2013 6:03 am

TP's CEO gave an interview to FlightGlobal a couple of months ago about the airline's future plans. A good summary is available here:

http://martinleorivers.blogspot.co.u...w-fernando-pinto-tap-portugal.html

No new destinations are planned in North America, but the current routes to NY and Miami perform very well. Two new routes are planned to Asia from 2017, to PEK and TYO, when the new A359's start to become available. As for South America, the focus wll stay on Brazil and Venezuela, but new routes to one or two more countries are possible.
 
miaintl
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RE: The Future Of TP

Sat Jul 27, 2013 8:31 am

So the MIA-LIS route is a success? I guess I would never saw that coming.
 
airbazar
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RE: The Future Of TP

Sat Jul 27, 2013 1:08 pm

Quoting miaintl (Reply 4):
Does anyone see TP adding more long-haul aircraft to their fleet. So there is no chance that a new Lisbon airport would be made anytime soon?

Yes. They are currently considering adding 3 widebody aircraft to the fleet.

Quoting PlymSpotter (Reply 5):
Not unless there is a radical turnaround in the Portuguese/Iberia economy. IMO their biggest problem in the meantime will be gate/parking space. Should they wish to expand capacity on the cheap there is a military base directly opposite Lisbon, at the end of the Vasco de Gamma bridge.

Ironically and very much unlike the situation in Spain, the week portuguese economy is driving up air travel, especially the higher yield business travel as more and more portuguese companies look for markets elsewhere and foreign companies look for value investments in Portugal.

As far as increasing gate space, there's a military installation at LIS proper.
https://maps.google.com/maps?q=LIS+airport&hl=en&ll=38.782868,-9.130583&spn=0.00409,0.007564&sll=38.702659,-8.206787&sspn=4.191975,7.745361&hq=LIS+airport&t=h&z=17

That should have been moved out of there a long long time ago to expand the airport but honestly I really don't see the airport expanding much more in that regard since it is equally limited in terms of movements per hour during peak times. Even if there were more gates they wouldn't be able to have more flights. LIS is at the point where it needs 2 parallel runways and you can't build that on the current site.
 
airbazar
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RE: The Future Of TP

Mon Jul 29, 2013 12:03 pm

Just a follow up on the above post, and as if on queue, just today comes the news that TP and COPA are planning to codeshare on flights via MIA. That will only make the LIS-MIA route more valuable.

http://www.ambitur.pt/site/news.asp?news=31185

Also in that page, Portugal (and Greece) are seeing foreign visitors increase by 20% thanks to instability in the Arab world.
 
RyanairGuru
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RE: The Future Of TP

Mon Jul 29, 2013 12:38 pm

Quoting airbazar (Reply 9):
Ironically and very much unlike the situation in Spain, the week portuguese economy is driving up air travel, especially the higher yield business travel as more and more portuguese companies look for markets elsewhere and foreign companies look for value investments in Portugal

Yes, I read that in The Economist about a month or so ago. It's really fascinating how these things work out!

Quoting airbazar (Reply 10):
Portugal (and Greece) are seeing foreign visitors increase by 20% thanks to instability in the Arab world

That makes a lot of sense, especially given that Egypt is such a huge bucket-and-spade destination in Northern Europe, and some people might even be put off Turkey after the recent demonstrations there. That should benefit Greece in particular, but also Spain and Portugal. That said, the Greek Islands have long held up better than the mainland given that tourism wasn't actually impacted that badly during the GFC and during the subsequent Euro instability.
Worked Hard, Flew Right
 
offloaded
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RE: The Future Of TP

Mon Jul 29, 2013 1:12 pm

Actually it says "Portugal expects 20% more visitors"... not Portugal is going to get 20% more visitors. As per usual, total pie in the sky figures like most official predictions in this country, this time probably thought up by Turismo de Portugal trying to protect their funding.

IAG is still interested in TP, but they were very unimpressed with the government's conduct last time.
To no one will we sell, or deny, or delay, right or justice - Magna Carta, 1215
 
jfk777
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RE: The Future Of TP

Mon Jul 29, 2013 1:29 pm

Quoting offloaded (Reply 12):
IAG is still interested in TP, but they were very unimpressed with the government's conduct last time.

IAG doesn't have the BMI merger happening as it did this time last year. But the pesky issue of Iberia's Madrid hub still exists. A persuasive argument could be made with all the KLM, AF and LH flights to Brazil the TAP monoply to Lisbon is not such an issue, the EC probably would have an issue with LIS and MAD in the same airline group.
 
miaintl
Topic Author
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RE: The Future Of TP

Mon Jul 29, 2013 6:38 pm

If TP does end up codesharing with Copa then I guess the MIA route is here to stay and might eventually even go daily.
 
airbazar
Posts: 6866
Joined: Wed Sep 10, 2003 11:12 pm

RE: The Future Of TP

Tue Jul 30, 2013 1:01 pm

Quoting offloaded (Reply 12):
Actually it says "Portugal expects 20% more visitors"... not Portugal is going to get 20% more visitors. As per usual, total pie in the sky figures like most official predictions in this country, this time probably thought up by Turismo de Portugal trying to protect their funding.

It's not pie in the sky, they are real figures based on bookings. Considering that they were up 15.5% by May, 20% for the year is not unrealistic considering the Summer season is still unaccounted for.

Quoting offloaded (Reply 12):
IAG is still interested in TP, but they were very unimpressed with the government's conduct last time.

Because like everyone else they wanted TP for penuts and the government is not going to give away their number 1 exporter for cheap. TP may be a small company with its share of issues but it's incredibly valuable for the Portuguese economy.

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