TAP Remains with Portuguese Management Until Close of Business and Will Comply with Strategic Plan Until 2035
4 Articles
4 Articles
Management of the TAP is to continue the company's leadership until 2028, admits the president of the Board of Directors. Carlos Oliveira does not anticipate cuts with the entry of Lufthansa as a minority partner and says the strategy is to grow. Company has 104 planes and there is more to arrive
On the day on which a sales contract of up to 49.9% was signed with Lufthansa, a diploma was issued that grants TAP several exceptions to the statute of the public manager, before the new shareholder entered into force.
TAP's "chairman," Carlos Oliveira, said today that he does not expect Lufthansa's entry into the company's capital to result in cost or function reductions.
Carlos Oliveira insisted that the path will be of growth, noting that whoever invests what Luthansa invested in TAP "is to make it grow".
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