TAP Air Portugal Pushes Ahead With Restructuring
Credit: Rob Finlayson
TAP Air Portugal is making headway with its turnaround, phasing out five older aircraft and cutting its workforce by 16%, as it awaits a European Commission (EC) ruling on its restructuring plan. During the 2021 first half (H1), TAP narrowed its net loss by 15.3% to €493.1 million ($581.8 million)...
Subscription Required
TAP Air Portugal Pushes Ahead With Restructuring is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
