Recapitalization And Employee Shareholding Key Criteria In TAP's Privatization

Buyck, Cathy
January 2015
Aviation Daily;1/22/2015, Vol. 400 Issue 12, p1
Trade Publication
The article informs that the government of Portugal has earmarked a 5% stake in its flag carrier TAP Portugal for staff and is seeking bidders to strengthen financial capacity of the airlines and maintaining its hub operations and brand. Topics discussed include privatization of TAP Portugal, initiatives taken by the government to strengthen the economic and financial capacity of the airlines and implementation of all collective agreements between the government and TAP unions.


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