Thursday, May 14, 2015

The five turbulent focuses for the new owners of TAP – Jornal de Negócios – Portugal

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Aviation

The five turbulent focuses for the new owners of TAP

The TAP group closed 2014 with losses of 85.1 million euros. In 2015 it has been through a strike by pilots ten days, with which lost market share. The privatization of national flag carrier is still under threat of the Socialist Party.

Cash Urgent capital injection

The TAP arrived the end of 2014 with a debt of 1,062 million euros and negative equity of almost 512 million. The …

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