The Portuguese flag carrier TAP Air, reported carrying 16.1 million passengers in 2024- an increase of 1.6% from the previous year. On UK routes, the airline carried 1.03 million passengers in 2024, a 6.1% increase on 2023 figures.
Record Breaking Increases on Some Routes
TAP Air Portugal (TAP)’s Europe to Brazil routes exceeded two million passengers last year, representing a record-breaking increase of 7.1% compared to 2023.
The largest percentage increase, however, was seen on the airline’s North American (USA and Canada) routes, with an increase of 8.9% when compared to the previous year, bringing the total number of passengers to 1.59 million.
Flights between the islands of Madeira and mainland Portugal also experienced healthy growth, with a total of 983,000 passengers flying with the airline, a 3.3% uplift when compared to 2023 figures.
Similarly, the Azores routes saw a 1.3% increase in passenger numbers, with a total of 527,000 passengers flying with TAP last year.
More Modest Increases Elsewhere
In contrast, Europe to Africa routes saw a slight decline, with the airline carrying 1.1 million passengers in 2024, a 0.1% reduction compared to 2023.
Passengers carried on flights to mainland Europe, excluding Portugal, also saw more modest increases, with a 0.9% increase in passenger numbers, reaching a total of 8.8 million.
The airline reported €117.8 Million Profit in the third quarter of 2024 which, while representing a decline of €62.8 million compared to the same period in 2023, was a €116.6 million improvement compared to pre-pandemic levels in 2019.
What do you think about TAP Air Portugal’s growth in 2024? Which routes can you see as being key to the airline’s profitability in the future? Please share your views in the comment section below.
