Victory of Lufthansa at the TAP Puts a High Profile in the Purchase of Shares by Workers
10 Articles
10 Articles
Payment of up to €30 million formalizes the choice of the German group as the future shareholder of the TAP. Lufthansa will still have to advance with a guarantee in the remaining value of the offer, on date to be defined, and that will be more than 1 billion euros
In a statement of clarification, the two ministries challenge this interpretation, accuse the newspaper of disclosing false information and argue that the winning proposal assigns the Portuguese carrier a value close to 2.6 billion euros.
Investing in airline, saving on pilots: The Vereinigung Cockpit accuses Lufthansa of a contradictory corporate policy.
Workers will have to pay 118 million if they want to get 5% of the TAP. Unions show reservations not only for the price, which does not include the usual 5% discount, but also for the past experience.
The group foresees synergies that can reach EUR 450 million per year through the network and partnerships, but also through the commercial area and joint procurement of suppliers and maintenance.
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