Maintenance thirst and hub On the first point, the agreement between nine unions of TAP and the Government states that the office, effective management and the establishment TAP group must continue located in Portugal “for a period not less than ten years after the conclusion of the sales contract.” The same deadline is set for the continuation of the current hub National and TAP group status “as flag carrier”. Specifications, which will be known on Tuesday, may, however, be more restrictive, implying the reversal business case, for example, the hub Lisbon is not preserved.
Duration of AE
One of the greatest achievements of the unions was the extension of the deadline for unilateral termination by the company, the company agreements (AE) current . The deadline has been extended for another 36 months beyond the legal limit, which is 12.
Prohibition of dismissals
agreement prohibits the buyer TAP to proceed with redundancies collective for 30 months after the conclusion of the sales contract. Or, alternatively, while the state (which will be 34% of the capital for at least two years) is a shareholder of the group. The longer-term prevail. It is forbidden, however, the use of other mechanisms to slim down the workforce, such as early retirement or termination by mutual agreement, for example.
Limits on the outsourcing
were also included in the agreement clear rules regarding the use of the outsourcing and the external work (when they are chartered planes and their crews). The document states that it is prohibited “subcontracting or higher cumulative outsourcing to 25% of aviation and maintenance activities” within five years after the transfer of shares.
protected Rights
Another clause agreed between the nine unions and the government provides “protection mechanisms antiques and careers in the eventualities of the merger or acquisition of the TAP group for a period of five years” counting from the contract signature of sale.
Pensions and insurance
He also assured the capitalization of the instruments and responsibilities vehicle financing pension, pension supplement retirement premiums, insurance health and life, as well as their autonomy and management by an external entity to TAP, until 31 December this year. The measure is, however, subject to ensuring that the unions are to bear the costs of its implementation.
Capitalization of TAP
The agreement makes it mandatory, as was already claim of the Government, the buyer promote “adequate capitalization of the TAP group” but “through new assets and resources” and not at the expense of the company’s own means in order to ensure a “sustained business growth” .
Workers involved
Finally, trade unions and the Government agreed to set up a body in which the workers will sit, that “meet quarterly to discuss issues with material impact on the company’s life. “
social peace Commitment
The agreement ends with a compromise between the parties, although not concrete, referred that will “make their best efforts to preserve a climate of social peace in the TAP group.”
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