Yes, as of 2026, TAP Air Portugal has successfully transitioned back into profitability following a significant post-pandemic restructuring plan. In its most recent financial reports from late 2025, the airline posted a net profit of over €126 million for the third quarter, fully offsetting losses from earlier in the year. The carrier’s recovery has been driven by a 3%–5% increase in passenger capacity and a strong performance in its maintenance and engineering divisions. Under the leadership of CEO Luís Rodrigues, TAP has focused on maximizing its unique geographic advantage as a "bridge" between Europe and the Americas, particularly Brazil and the U.S. While the airline continues to face "headwinds" such as high operational costs and competitive pressure in the European market, its financial stability has made it a highly attractive target for privatization. For 2026, the Portuguese government is actively negotiating a sale, with major groups like Lufthansa, Air France-KLM, and IAG (British Airways) all showing interest in acquiring the now-profitable and strategically vital airline.