SPAC Welcomes Lufthansa's Choice for Privatization of the TAP and Hopes for Greater Stability

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The Union of Civil Aviation Pilots (SPAC) today welcomed the choice of the Lufthansa group as a benchmark investor in the privatization of TAP, considering that the operation can be a decisive step towards ensuring the stability, competitiveness and future sustainability of the Portuguese air carrier.

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The union representing the flight crew warns that long-term jobs must be protected. The Civil Aviation Pilots Union says that, for now, there is no reason for concern and even considers that having Lufthansa as a TAP shareholder has positive points.

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<p style="margin-bottom:11px">Ricardo Penarróias, of the Workers' Union, considers "unacceptable" that TAP workers, who will be impacted by the privatisation of the airline, have not been notified of Lufthansa's choice.</p>

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The government selected Lufthansa on Wednesday for the partial privatisation of the TAP, with a proposal of 1,201 million euros for up to 49.9% of the capital.

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The National Union of Civil Aviation Flight Personnel (SNPVAC) questions whether the entry of Lufthansa as TAP shareholder will guarantee jobs and regrets that the workers have not been heard in the process.