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TAP In Critical Time ; Hotel Bookings Improve

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‘Parpública Says That TAP Is In A Critical Situation’. The TAP airline group has a negative equity of €247.2 million, up from €171.7 million at the end of 2008, as shown in the half-yearly accounts. According to the biannual report of Parpública, sole shareholder of the Portuguese airline, the "critical financial situation" remains critical due to the "negative result obtained in the first 6 months of this year".

‘Hotel Occupation Rate Currently At Around 75% – The numbers are better than 2008′. That’s 3% higher than the same time last year. The regional director for tourism revealed the figures yesterday, saying that the improvement is (partly?) down to the wine festival programme that her department has invested €129 thousand in. She said awareness of the wine festival definitely attracts tourists who are aware of the event, and the entertainment that goes with it. The information for the event is available on the internet as far forward as 2012. Most of the activities are centred in Avenida Arriaga, but the focus shifts to Estreito de Câmara de Lobos on the 5th September.

‘More Domestic Passengers’. Madeira Airport is the Portuguese airport which had the largest growth of domestic traffic in July, with growth of 15.4% over the same month last year, which equates to 117,800 passengers. International passengers fell 19.1%, to 96,100 in the comparison of the same months. In the seven months to July 2009, Madeira Airport had an overall fall in passenger numbers of 5.5% to 1.36 million, whilst domestic traffic grew 12.2% to 671,700 passengers.

‘Santa Barbara Airlines Launches Funchal To Caracas At €390 – Venezuela more accessible until December’. The flight already exists as far as I know, but the prices are new, in a campaign called ‘Anti-crisis prices’. The flights will be available from 1st October until 12th December, and are priced from €390.

‘Surveillance Launch Lost – ‘Escorpião’ returns to Lisbon after a 2 month period of service in the region’. The Portuguese Navy vessel will finish its service here on Sunday, after coming here to reinforce control of Madeira’s waters on 4th July. It’s duties included safeguarding lives at sea, fishing enforcement activities, and other actions.

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The post TAP In Critical Time ; Hotel Bookings Improve appeared first on Madeira News Blog.


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