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TAP's former CEO, Ramiro Sequeira, sees no problems selling the airline to Iberia (where he used to work). Although the comment was "conceptually only",
New CEO of TAP stresses importance of continuing restructuring By TPN/Lusa, in News, Business · 27-06-2021 10:00:00 · 0 Comments TAP's new chief executive officer (CEO), Christine Ourmières-Widener, who takes office on 25 June, said she is "well aware" of the challenges and believes in the importance of continuing the restructuring plan. "I am well aware that Covid-19 has been and will continue to be a challenge for our in...
TAP: Fleet renegotiations to save €1.3 billion by 2025 The CEO of TAP, Ramiro Sequeira, said on 23 February that fleet renegotiations, which include postponing the delivery of Airbus aircraft, will lead to savings of 1.3 billion Euros by 2025. "TAP has achieved savings of 1.3 billion Euros by 2025 with all the negotiations from a fleet point of view and, from a supplier point of view, is guaranteeing a projection of between 200 and 225 million Euros a year also in savings," said Ramiro Sequeira, who is being heard in the Portuguese Parliament, at the Economy, Innovation, Public Works and...
Posted on 18 February 2021. TAP Air Portugal has announced the suspension of 93% of its international operations, effective February 18 to March 30, above the 73% reduction previously forecast. TAP chairman of the Board of Directors, Miguel Frasquilho and the chairman of the Executive Committee, Ramiro Sequeira, informed that, given the new COVID’19 travel restrictions and “a further drop in demand,” TAP decided “to suspend 93% of the total of its operation.” As a result, TAP anticipates to lay off 458 pilots. It was also stated that TAP will maintain most domestic flights such a...
TAP reduces capacity by 71 percent By TPN/Lusa, in News · 22-12-2020 12:00:00 · 3 Comments TAP reduced capacity by 71 percent and the number of flights by 72 percent in November, compared to the same period in 2019, said the company's executive president, Ramiro Sequeira. “If we look at November 2020, TAP reduced its capacity by 71 percent, compared to November 2019”, said Ramiro Sequeira, in the letter to which Lusa had a...