Portugal’s national carrier TAP saw its market share fall to 28.3% in Q2 of 2022 (30.1% in Q1 2022 and 33.7% in Q2 2019), despite a strong recovery in air traffic following the lifting of pandemic restrictions.
Nevertheless, from April to June, the airline was able to improve results at Lisbon airport transporting 47% of passengers, according to the National Civil Aviation Authority (ANAC), which also revealed that Porto and the various airports in the autonomous regions of Madeira and the Azores are now seeing passenger numbers up from 2019.
In the second quarter, there were 119,000 flight movements which transported 14.49 million passengers, an increase of 329% on the same period last year and 98.4% in relation to the first three months of the year.
This increase in passenger numbers did not benefit all airlines the same way. The market share of the five biggest airlines at Lisbon airport in Q2 was as follows: TAP 47% (45% in Q1), Ryanair 12% (18% Q1), easyJet 9% (7% Q1), Vueling 3% (2% Q1) and Lufthansa 3% (2% Q1).
TAP did manage to reinforce its market share at its Lisbon hub to 47% compared to 45% in Q1. However, it was 51% in 2019.
Overall, Portuguese airports handled 24.3 million passengers in the first half of 2022, up 344% on the same period last year, according to Portugal’s statistics institute INE.
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