TAP’s executive president (CEO) defended Wednesday that “it would be easier” to say there will be no more austerity measures and emphasized that if the results are “excellent”, she hopes to have room to reward employees.
“We have communicated to the workers that it would be easier for this government to say there are no more austerity measures.” […]but we have a plan, a commitment and a contingency agreement,” said Christine Ourmières-Widenerduring a press conference in Lisbon.
However, he said that if the results are “excellent, we will be ready to talk to our partners to see if we can reward the workers”.
Ourmières-Widener acknowledged that “there is pressure” and that workers face difficulties, namely those caused by inflation.
Still, he noted that anything that could happen until the end of the year could also have an impact on the airline’s bottom line.
“It’s important to be clear that it’s not because we don’t want to [recompensar os trabalhadores], but it is still too early. There are things we can’t control.”
When asked why the company had backtracked on the decision to renew its fleet, TAP’s executive president reiterated that the change “would be the best economically”.
However, he stressed that public opinion “was not in favor of it” and therefore decided to suspend and analyze it.
The controversy over TAP’s fleet started after TVI/CNN Portugal reported that the airline had ordered a new fleet of BMW cars for administration and managers to replace Peugeot’s.
TAP then came to clarify that the deal would save €630,000 per year, but the company ultimately did not resist the controversy and decided to renegotiate the contract.
TAP posted a positive net result of 111.3 million euros in the third quarter of the year, the airline announced today to the Portuguese Securities Market Commission (CMVM).
In a note released today, the airline revealed that between July and September it recorded “an all-time high of operating revenues” of €1.1 billion, which “exceeded pre-crisis levels by 7.5%” , which allowed her to achieve “unprecedented financial performance”.
However, between January and September, the company suffered a loss of 91 million euros, while in 2019, before the pandemic, it made a profit of 121 million euros.
Source: DN
