TAP reviews JetBlue contract
Portugal’s national carrier TAP is to review its contract with the airline JetBlue which is owned by David Neeleman.
The contract was signed when the Brazilian entrepreneur was TAP’s main private shareholder. The review was announced to parliament by TAP’s chef executive, Christina Ourmières-Widner who said that the company was reevaluating partnerships and routes with Porto once again having flights to Brazil and the United States.
The TAP CEO said that partnerships and routes would be evaluated on a ‘case to case’ basis to evaluate sustainability and potential.
Christine Ourmières-Widner when questioned by deputy João Cotrim de Figueiredo about the contract with David Neeleman’s company, said “We have an agreement which we are reviewing. We have a close relationship with JetBlue, we want to be proactive and increase revenues”.
The new CEO also said that they would evaluate partnerships that would allow the airline to work in new markets as well as opportunities of opening up new routes such as Punta Cana or Cancun.
Some point-to-point flights in Europe may not be profitable bit could be offset by more transatlantic flights from the Lisbon hub.