Euroatlantic Airways – Transportes Aéreos, S.A. (NIF 511057822) is an ACMI and charter airline based in Carnaxide, near Lisbon. It was founded in 1993 and has been majority-owned by the investment firm Njord Partners since 2024. Since 2 November 2026 its Airbus A330-300 CS-TGI has flown Air Greenland’s Copenhagen–Nuuk services while Air Greenland’s A330-800 Tuukkaq is in annual maintenance, due back on 19 November.
Wikipedia’s entry on the airline says it was founded as Air Zarco on 25 August 1993 by Tomaz Metello and traded as Air Madeira before taking the name EuroAtlantic Airways – Transportes Aéreos S.A. in May 2000. Nif.pt lists the company under NIF 511057822 in Carnaxide. Most of its work is ACMI (aircraft, crew, maintenance and insurance) and charter flying for other airlines. Past customers include Biman Bangladesh, Air Canada, LOT Polish Airlines and Azul. The airline told Kiosque da Aviação in May 2026 that it had changed a great deal since Njord Partners became majority shareholder in 2024. It said its 2026 capacity was largely committed and that little fleet availability was left for 2027.
The Nordic link is a contract with Air Greenland, the state-owned Greenlandic carrier. Kiosque da Aviação reported on 5 November 2026 that euroAtlantic began operating Air Greenland’s Copenhagen–Nuuk services on 2 November, while Air Greenland’s only long-haul aircraft, the A330-800 Tuukkaq, is in annual maintenance. Air Greenland expects Tuukkaq back in service on 19 November. The airline first used two aircraft, the A330-300 CS-TGI and the A330-200 CS-TGD. Only CS-TGI is now on the Air Greenland schedule. NorthSouth HQ covered the arrangement on 11 November 2026: euroAtlantic Airways flies Air Greenland’s Copenhagen–Nuuk route.
On 28 October 2026 euroAtlantic said a second Airbus A330-300, to be registered CS-TGJ, had arrived in Portugal on lease from Jackson Square Aviation, bringing its fleet to eight. Both A330-300s seat 290 passengers in three classes. On 11 November 2026 Kiosque da Aviação reported a new ACMI contract with Aircalin of New Caledonia, using an A330-300 mainly between Nouméa and Singapore from 7 December 2026 to 31 January 2027. CEO Pauls Calitis, formerly COO of the Latvian airline airBaltic, took over on 18 May 2026 from Stewart Higginson, who became non-executive chairman.
Most Portuguese exports to the Nordics are goods. euroAtlantic sells a service, wide-body capacity with crew, to a carrier in the Danish realm. Air Greenland flies a single A330-800 on its Denmark trunk route, so it needs outside capacity every time that aircraft goes in for heavy maintenance. If the November cover goes well, Air Greenland could come back to the Portuguese operator for its next maintenance window or for peak-season capacity.
Sources: Kiosque da Aviação (5 May, 28 October, 5 and 11 November 2026); nif.pt (NIF 511057822); Wikipedia: EuroAtlantic Airways. Fetched 12 November 2026.
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