TAP Portugal is the flag carrier airline of Portugal, headquartered at Lisbon Airport which also serves as its hub. TAP (Transportes Aéreos Portugueses) is a member of the Star Alliance and operates on average 2,500 flights a week to 76 destinations in 29 countries worldwide. The company has a fleet of 80 airplanes, 63 of which manufactured by Airbus and the remaining 17 by Embraer and ATR, operating on behalf of the sub-brand TAP Express.

In June 2015 the company was semi-privatised and became majority-owned by the Atlantic Gateway Consortium, led by David Neeleman, who founded JetBlue, Azul and co-founded WestJet Airlines Ltd., together with Portuguese entrepreneur Humberto Pedrosa. The Atlantic Gateway Consortium purchased 61% of the carrier from the government of Portugal on 24 June 2015, with an option to buy the Portuguese government's remaining 34 percent stake in 2018. This deal has been surrounded in controversy because it was completed at the end of the center-right government's mandate with wide opposition from TAP employees. Since the October 2015 elections a new left government has sought to return majority control to the state. In February 2016 the government signed a deal with the private consortium and the airline has returned to state control. Currently the company is owned 50% by the Portuguese state, 45% by the Atlantic Gateway Consortium and 5% available shareholder to collaborators and employees of TAP.

TAP Portugal is rated as three-star by Skytrax.

The airline, founded on 14 March 1945 as Transportes Aéreos Portugueses, SGPS, S.A. (Portuguese Air Transportations), began commercial services on 19 September 1946, from Lisbon to Madrid with a Douglas DC-3. On 31 December, TAP (Transportes Aéreos Portugueses) began its Linha Aérea Imperial, a twelve-stop colonial service including Luanda, Angola and Lourenço Marques (now Maputo), Mozambique.

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