TAP Restructuring Includes 2,000 Job Cuts

Portuguese Housing and Infrastructure minister Pedro Nuno Santos
Credit: portugal.gov
TAP Air Portugal plans to reduce its fleet to 88 aircraft and cut 2,000 positions under a restructuring proposal, which has been submitted to the European Commission (EC) for approval. “The restructuring plan is aimed at ensuring the survival and the viability of TAP Group,” TAP said Dec. 11. The...

Subscription Required

 

TAP Restructuring Includes 2,000 Job Cuts 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.