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...

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