HomeEconomyOE2023: There are currently no negotiations with potential buyers of TAP

OE2023: There are currently no negotiations with potential buyers of TAP

Infrastructure and Housing Minister Pedro Nuno Santos said on Monday that there are no negotiations with potential buyers of TAP and it has not yet been determined when the airline’s privatization process will begin.

“No, that’s not it”said Pedro Nuno Santos in response to Carlos Guimarães Pinto, deputy of the Liberal Initiative (IL), who, after the minister stated that the privatization process had not yet been defined, insisted that “So there is currently no negotiation with a potential buyer?”🇧🇷

The IL deputy also urged to know whether Pedro Nuno Santos could confirm that the privatization of TAP will take place in 2023, whether it will be about more than 50% of the capital and whether the state intends to after privatization some form of obligation or some sort of guarantee on TAP’s debt, but Pedro Nuno Santos’ answer did not deviate from the original record.

“We announced a target that was to open TAP’s capital, as it was never the target to keep 100% of TAP. (…) This process has not started and we cannot answer a process that not started”said the minister who will be heard this Monday in the Finance Budget Committee in the context of the proposal for the National Budget 2023 (OE2023).

The IL deputy also wanted to know whether the cash injection into TAP did not secure the 5% of the capital the workers had in the company, and the minister mentioned that the negotiations with Brussels on TAP’s restructuring plan resulted in the demand for the cash injections. in the company into capital so that “all shares are diluted” in this regard.

Earlier, André Ventura, from Chega, had already brought TAP to the audition and asked the minister about the number of canceled flights. In his response, the minister accused the deputy of “mixing everything up” in defending the intervention in TAP, but criticized the money [injetado]who don’t want to privatize TAP, but want to know how much the state will lose.

Author: DN/Lusa

Source: DN

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