Portugal’s TAP Airlines: restructuring plan “paying dividends”

Implementation of the restructuring plan TAP Portuguese Airlines started withproduces resultsannounced its general manager, Frenchwoman Christine Ormier-Widener, adding that in 2022 the Portuguese carrier will release one of theThe most important recipes in its history“.

In the third quarter of 2022, the Portuguese airline TAP returned to the green, achieving a profit of 111 million euros, after carrying 4.3 million passengers during the summer period. 2022 results will be announced in March. On the verge of bankruptcy, TAP Air Portugal is urgently fully re-nationalized in 2020, in return for implementing the restructuring plan imposed by Brussels. TAP’s €3.2 billion bailout included, among other things, reducing its workforce, reducing wages or reducing its fleet.

Anticipate specific goalsFrom the restructuring plan makes it possible to customize48 million euros“for”ease wage cutsShe applied for salaries of more than €1,410, Christine Ormeyer-Widner said. these resultsGive us confidencefor 2023, but the Portuguese airline TAP, whose government has announced its intention to reactivate it, needs to “MoreShe confirmed, while the unions submitted a new strike notice at the end of January.

condition “Tapgate»
MPs questioned Christine Ormier-Widner on Wednesday about the scandal.Tapgateinvolving former Chancellor of the Exchequer Alexandra Reese, who resigned from the airline’s board of directors along with A.J End of service bonus of 500,000 eurosShortly before he became the head of the public company NAV responsible for air traffic control and then joined the government team as foreign minister in the Ministry of Finance.

See also  Em Dembene, 35 jovens foram treinados para atender às necessidades de seus empregadores

The CEO explained that Alexandra Reis has resigned from the board of directors due to “differencesrelated to the implementation of the rescue plan, explaining that it was followed by “Attorney’s recommendations»Regarding information being transmitted and always informing the Portuguese State.

Portugal’s TAP Airlines is currently the target of several investigations. And after the Republic’s Prosecutor General’s Office, the Audit Court announced Tuesday an audit. The airline’s management should also be the subject of a parliamentary commission of inquiry.

© TAP Portugal

You May Also Like

About the Author: Irene Alves

"Bacon ninja. Guru do álcool. Explorador orgulhoso. Ávido entusiasta da cultura pop."

Leave a Reply

Your email address will not be published.